|
CFT
Webinars are purely educational. Instructors are not permitted to sell any
products or services during the presentation.
Program
Content:
This
webinar has been developed for banks and bankers who are aware of
opportunities to serve their community through credit services to
municipalities and other local government or quasi-governmental
organizations (i.e. volunteer fire departments, emergency health care
providers, political subdivisions, etc.). Extending credit to municipal
entities requires legal, tax, accounting and credit knowledge and analysis
that can be quite different from conventional commercial lending decisions.
There are many issues involved. Governmental entities provide financial
information, often using unfamiliar fund accounting. Budgeting constraints
have a direct impact on how credit requests are structured. Lease financing
is frequently needed. Commercial customers may need financing for contracts
with local government entities. Since 2008, municipal bankruptcies have
risen, but overall the default risk on municipal bonds is low and interest
paid by municipalities and related types of entities is often tax free to
the bank.
Covered
Topics:
- Governmental use of bond financing •Impact of
frequent long-term financing needs on bank credit evaluation and
profitability
- Basics of fund accounting
- Effect of different forms of municipal government:
mayor/council, council/manager, or commission
- Importance of relationship in municipal lending
(all politics are local)
- Collateral and lien documentation
- Lending/credit opportunities (needs)
- Profitability and federal income tax-free interest
income
- Benefits beyond profitability
Who
Should Attend?:
Loan
officers, credit analysts, note and credit department personnel, internal
auditors, loan review and compliance personnel or any banker involved in
the lending function. Please
forward email to appropriate person(s).
Instructor:
Robin
Russell has practiced law
for 30 years and is licensed in Texas, New York and Massachusetts. She is a
fellow in the American College of Bankruptcy and of the American Law Institute.
She combines a depth of experience in bankruptcy restructuring and
litigation with financial transactions. She has represented corporate
debtors, independent directors, liquidating trustees, bondholders,
unsecured creditors' committees, bank groups, private equity funds,
landlords, trade creditors and bidders for estate assets in Chapter 11 and
Chapter 7 bankruptcy proceedings. She has also represented banks,
institutional lenders and corporate borrowers in commercial loan
transactions and debt restructurings. Robin is the principal author of
Thomson Reuters’ Texas Practice Guides for both Creditors’ Rights and
Financial Transactions and the Texas Bankers Association’s Texas Secured
Lending Guide, Texas Problem Loan Guide, Texas Real Estate Lending Guide
and Texas Account Documentation Guide. She is a frequent speaker on
banking, bankruptcy and financial restructuring related topics and has
served as a Chapter 7 Trustee. Robin received her LL.M. in Banking Law from
Boston University and her J.D. from Baylor University where she was
Editor-in-Chief of the Baylor Law Review and the highest ranking graduate
in her class. She clerked for the Texas Supreme Court before beginning her
legal career.
What
Is A Webinar?:
A
webinar combines the clarity of an audio teleconference with the
interactivity and visual presentation of the internet. All you need to
participate is a telephone and an internet connection. Even if you don't
have an internet connection, you can still participate in the audio
session. Listening to the program over the telephone and following the
written materials is an effective alternative!
Unable
To Attend?:
No
problem. You can purchase a recording of the webinar for future use. You
can choose from either an On-Demand Web Link (Good for 6 months from the
webinar date, unlimited use) or a CD-ROM (includes a paper copy of the
PowerPoint slides).
Viewing
Options (all options include applicable handouts):
All
options include applicable handouts. You can choose to pay by credit card
or be billed. Additional Live Webinar connections are $75 each.
Option 1: Live
Webinar and 7 Days OnDemand Video Playback - $265
Option 2:
OnDemand Video (six months access) - $295
Option 3: Live
and 6 Months of OnDemand Video - $365
Option 4: CD-ROM
Video (Includes OnDemand Video) - $345
Option 5: Entire
Package (all of the above) - $395
Powered by Total Training Solutions!
|