Share |
Download: Flyer - Black&White (.PDF 504kb)
                         Course Outline (.PDF 231kb)

               CT4 Early Bird Deadline           CGBP What is MCLE?
    
presents

15 JUNE 2012 * THE PENINSULA MANILA, MAKATI CITY, PHILIPPINES * 9:00AM to 5:00PM


This special one-day program is a comprehensive guide on how to safeguard lenders’ interest in credit transactions with borrowers. Learn the different protective mechanisms and security devices to ensure that your contracts are enforceable.

Expert practitioners and authorities will teach participants the right approaches, best practices strategies, and preventive as well as remedial actions in handling different credit transactions including real estate and chattel mortgage, trust indenture, guarantees, suretyship, letters of credits, post-dated checks and many more.

This program is applicable to all types of businesses engaged in local and international credit transactions. This one-time limited-seats-only event is MCLE-accredited with pre-registration required.

   Limited Seats Only, Pre-Registration Required

   REGISTER NOW
   Avail of Early Bird and
   Group DISCOUNTS


   Contact Person: Camille Jonas
   Manila lines (+632) 556-8968 or 69
   Manila Telefax (+632) 842-7148 or 59
   Cebu lines (+63 32) 512-3106 or 07
   Email: camille@cgbp.org
   Check: http://www.cgbp.org

Lecturers:

Rafael A. Morales, Ll.B. – Managing Partner and Former Head of Banking, Finance & Securities Department, SyCip Salazar Hernandez & Gatmaitan. Professorial lecturer in Banking and Financial Law at the College of Law of the University of the Philippines, and author of two commercial law books and numerous legal articles. Cited in Euromoney Legal Media Group’s Guide to the World’s Leading Banking Lawyers. UP Law 1974, class valedictorian and cum laude. Member of the New York bar and president-elect of the Inter-Pacific Bar Association.

Patricia-Ann T. Prodigalidad, Ll.B, Ll.M. – Partner, ACCRA Law. Expert in commercial law and litigation. UP Law cum laude, No. 1 bar topnotcher, 1996 bar exams. She also earned a master of laws degree from Harvard Law School.

Who Should Attend:

               • Decision-Makers
               • CEOs, COOs, CFOs
               • Entrepreneurs
               • Lawyers & Accountants
               • Credit & Collection Officers
               • Business Consultants
               • A must for all businesses
                  with credit transactions

   _______________________________

   Seminar Investment is P8,250
   inclusive of Meals, Resource Kit, &
   Certificate of Attendance
Business World Online International Chamber of Commerce Tri-ISys Forbes College



Best Practices to Protect Lenders in Credit Transactions


The Peninsula Manila, Makati City, Philippines
9:00 am to 5:00pm, Friday, June 15, 2012


Seminar Outline


A. First lecturer: Atty. Rafael A. Morales
                               Managing Partner
                               SyCip Salazar Hernandez & Gatmaitan

1. The First Level of Protection: Loan Documentation
    1.1 Loan agreement
         (a) Term of loan
         (b) Yield protection (e.g., disaster clause, tax gross-up clause, etc.)
         (c) Representations and warranties (e.g., pari passu clause, etc.)
         (d) Negative and affirmative covenants (e.g., negative pledge, etc.)
         (e) Conditions precedent
         (f) Events of default (e.g., MAC clause, cross-default/cross-acceleration clause, etc.)
         (h) Miscellaneous (e.g., judgment currency clause, sharing clause, etc.)
    1.2 Promissory note
    1.3 Loan transfers and participations
    1.4 Some related issues
         (a) Notarization
         (b) Documentary tamp tax
              (i) Upon execution
              (ii) Upon transfer
         (c) Truth in Lending Act (Republic Act No. 3765)
         (d) Others

2. The Second Level of Protection: Security Devices and Other Credit Supports and Enhancements
    2.1 Security devices, supports and enhancements
         (a) Real estate mortgage
         (b) Chattel mortgage
         (c) Mortgage trust indenture
         (d) Pledge
         (e) Guarantee, suretyship, and standby letter of credit
         (f) Aval
         (g) Hold-out
         (h) Assignment by way of security
         (i) Trust receipt
         (j) Set-off or netting
         (k) Comfort letter
         (l) Post-dated checks
         (m) Others
    2.2 Some related issues
         (a) Validity of "after-acquired property" and "after-incurred-obligation"
              clauses in a chattel mortgage
         (b) No deficiency claim in a pledge
         (c) Deficiency claim in a chattel mortgage; exception
         (f) Foreclosures
         (g) Others

B. Second lecturer: Atty. Patricia T. Prodigalidad
                                     Partner, Commercial Litigation
                                     Abello Concepcion Regala & Cruz Law Offices (ACCRA LAW)

3. The Third Level of Protection: Due Diligence
    3.1 Before loan approval
         (a) Credit investigation
         (b) Collateral appraisal
         (c) Title verification
         (d) Others
    3.2 Before loan release
         (a) Confirmation of existence, possession and location of collateral
         (b) Registration of collateral documentation and creation of lien
         (c) Others
    3.3 Post-release monitoring of loan account and collateral
    3.4 Others

4. Fourth Level of Protection: Enforcement of Loan Obligations
    4.1 Notice of default
    4.2 Demand
    4.3 Restructuring loan obligation
    4.4 Foreclosure and other enforcement actions
    4.5 Effect of "stay order" on enforcement of security
    4.6 Dacion en pago with repurchase (as an alternative to foreclosure of mortgage)

5. Fifth Level of Protection: Leveraging Debtor’s Incidental Criminal Liabilities
    5.1 Criminal Suit for Falsification of Document
    5.2 Criminal Suits for Fraud Under Revised Penal Code
    5.3 Criminal Suits for Bouncing Checks
    5.4 Criminal Suits for other Special Law Violations (PD 115, Banking Laws, etc.)

• 30 BEST PRACTICES FOR DEBT RECOVERY: A GUIDE FOR LENDERS

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SEMINAR FEE PER PERSON: P 8,250 (Fee covers Meals, Resource Kit, Certificate of Attendance)

GET AS MUCH AS 5% DISCOUNT! AVAIL OF ANY OR ALL OF THE FOLLOWING:

Less 5% for early registrants (on registrations made on or before May 15, 2012)
Less 5% for early payment (if made on or before June 5, 2012)
Less 5% for group registration (minimum of 3 participants)

REGISTER NOW to avail of Early Bird and Group DISCOUNTS
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Share |
Download: Flyer - Black&White (.PDF 504kb)
                         Course Outline (.PDF 231kb)