Forbearance, DIL, Workouts: How Do Banks Decide?

Thursday, August 26, 2010
7:00 pm - 9:00 pm
Jeffer, Mangels, Butler & Mitchell, LLP
1900 Avenue of the Stars, 7th Floor
Los Angeles, CA 90067

In a receivership, what happens with the franchise, liquor license, security deposits, and vendor contracts? In part 2 of the Asset Management & Receivership Series, we're going to look at this, and why there is expected to be a surge in receiverships.

Speakers:

• Bill Hoffman, CEO, Trigild
• Neil Erickson, Partner, Jeffer Mangels Butler & Mitchell, LLP

Biographies

William Hoffman is president and CEO of Trigild, a San Diego-based company he founded in 1976. He has over 30 years experience as an attorney, is a California licensed real estate broker and has served as the court appointed receiver for over 1,500 assets, among them hotels, commercial office buildings, retail shopping centers, residential projects and restaurants. In addition, Mr. Hoffman is recognized by the American Hotel and Lodging Association as a Certified Hotel Administrator, and is a former president of the California Lodging Industry Association (CLIA), serving seven years on CLIA's Board of Directors. Currently, he serves on the American Bar Association's Hotels, Resorts & Tourism Executive Committee, as well as on the Board of Directors for the San Diego Receivership Forum. He is also a member of the Turnaround Management Association, the Commercial Mortgage Securities Association, and the American Lodging Industry Association and served on the California Tourism Selection Committee.

Mr. Hoffman has authored hundreds of articles for various hospitality, real estate, business, finance, and general publications. He is a frequent lecturer at conferences and conventions for hoteliers, bankers, and lawyers and was instrumental in developing the annual Trigild Lender Conference, an increasingly important national forum for the financial industry. His unique blend of expertise in management, law, and real estate qualifies him as an expert witness-and has led State and Federal Courts to appoint him as Receiver, Trustee or Custodian for troubled real estate assets across North America.

Neil Erickson is Partner at Jeffer Mangels Butler & Mitchell, LLP and has been practicing litigation for more than 25 years. His practice emphasizes general business and commercial litigation, including matters involving hotels and other real estate, complex financial fraud, construction, intellectual property, probate litigation, corporate and partnership dissolution, financial institutions (with an emphasis on receiverships and other provisional remedies) and securities.

Neil has experience in litigating automotive claims for the Firm's automotive manufacturing and distributor clients. He also has experience representing lenders in all facets of lender litigation, including workout enforcement and foreclosure strategies, borrower fraud, enforcement of secured claims and guaranties, judicial and commercial foreclosures, bankruptcy litigation, lender liability defense and insurance claims.
Neil also has extensive experience in probate litigation.

Program Agenda:

7:00 PM- 7:30 PM Registration and Networking
7:30 PM- 9:00 PM Discussion, followed by Q&A

Registration

On Site Registration

Parking

Free Parking is available at the nearby Westfield Mall for the first three hours.

Sponsorship

Sponsorship of a ULI Los Angeles Program is a unique opportunity to support meaningful activities that relate directly to our region and receive valuable sponsor benefits throughout the year. If you are interested in Sponsoring the YLG Education Program please contact Gelena Skya at gelena.skya@grubb-ellis.com or Tina Kaminsky at tina.kaminsky@gmail.com.