Loan covenants are a necessary part of any loan document. Depending upon the size of the loan, the type of collateral and the financial strength of the guarantors, these covenants can vary widely. The overriding goal of loan covenants is to provide the lender with an “early warning” of any issues which may cause a loan to default.  This presentation will discuss loan covenants  lenders generally always want along with modifications frequently requested by borrowers and acceptable to lenders.      

 

Meet Your Presenter:

Deborah L. Bayles is a partner of Stinson Leonard Street LLP in Denver. She is a graduate of California Lutheran University, B.A., summa cum laude, in 1988, and the University of Denver, M.A./J.D., Order of St. Ives, in 1991. Ms. Bayles is a transactional attorney and primarily represents clients in the areas of real estate, secured transactions, intellectual property, regulatory compliance, mergers and acquisitions, and general commercial law.

She also served as the chief legal officer (CLO) for a privately held, venture-backed, e-commerce company for two years. In her capacity as CLO, she negotiated, documented, and closed three private funding rounds, as well as bank lines of credit, equipment leases, and software licenses. She was also responsible for negotiating and documenting all vendor, partner, and customer contracts. Primary among her responsibilities was the development and implementation of a regulatory compliance program to ensure the company's compliance with the Fair Credit Reporting Act, the Equal Credit Opportunity Act, and the Fair Housing Act.

Program Series Co-Chairs:

Edward J. Adkins, Esq., and Keith F. Woods, Esq.

Denver, CO