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ACFA - Commercial Finance for In-House Counsel and Young Lawyers - The Basics and Beyond

Event | 03.03.16, 12:00 AM UTC - 12:00 AM UTC

Address

The Yale Club of New York City
50 Vanderbilt Avenue, New York, NY

This event is open to members of The Association of Commercial Finance Attorneys, Inc. (ACFA). 


Ever wanted a behind the scenes look at commercial finance?  Ever wanted to know what is going on in the minds of borrowers, lenders and their counsel as they navigate (and negotiate) their way through the murky waters of term sheets, loan structures, collateral requirements, covenants and third-party obstacles (not to mention defaults). Come join us as our expert panel role plays its way through a myriad of issues faced by lender’s and borrower’s counsel alike.  Our panelists will dig into the nitty gritty of asset-based lending, including discussing issues such as collateral eligibility requirements, perfection of security interests, payoff mechanics and much more.  This interactive program, designed for young lawyers, in-house lawyers and experienced lawyers still young at heart, will present and discuss a variety of issues typically seen at the various stages of a middle market commercial finance transaction.  The panelists will draw on their experience as in-house counsel and as outside counsel to lenders and borrowers to provide a 360 degree picture of a commercial finance transaction.


Scott Lessne and Nick James are panelists at this event.


For more information, please visit these areas: Commercial Finance and Lending, Corporate and Transactional

Participants

Insights

Event | 02.20.25

Has the Buss Stopped? Recoupment Today

Has the Buss Stopped? Recoupment Today: In 1997, the California Supreme Court decided Buss v. Superior Court. In Buss, the court concluded that a liability insurer that defended a mixed action could seek reimbursement from the insured for the defense costs associated with the claims that were not even potentially covered. Since then, numerous courts have held that insurers are entitled to recoup their defense costs associated with uncovered claims or causes of action. On the other hand, a significant number of courts have rejected insurers’ right to recoupment, at least in the absence of a policy provision granting the insurer that right. Some commentators have even suggested that the current judicial trend might be away from permitting insurers to recoup their defense costs. Is that correct? Has the Buss stopped? This panel of coverage experts will analyze insurers’ claimed right to recoupment today, and offer their perspectives on what the law on recoupment should perhaps be and might be in the future.

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