Mr. Heinrich discussed trends in loan documents and provided suggestions on how a corporate borrower could best negotiate its credit facility to ensure maximum flexibility in running its business. He provided specific language that borrowers should request (or avoid) when negotiating a credit agreement. In addition, the session covered how to manage the borrower/lender relationship – describing the RFP process, advising on best practices for monitoring covenant compliance and detailing issues related to the termination and payoff of a credit facility.
Related Insights
26 July 2024
Video
Ten Minute Interview: Art Ownership
Brian Lucareli, director of Foley Private Client Services and co-chair of Foley’s Family Offices group, sits down with Lindsey Birch, associate and member of our Intellectual Property practice group, for a 10-minute interview to discuss art ownership.
26 July 2024
Foley In Fashion
Passing the Torch: Technology in the Opening Ceremony Fashion at the Paris Olympics
With the 2024 Olympic Games set in Paris, France, one of the world’s fashion capitals, athletics and aesthetics collide to take center stage at the much-anticipated opening ceremony.
25 July 2024
Foley In Fashion
SHEIN’s $1.9 Million Data Breach: A Cautionary Tale for Online Fashion Brands
The New York Attorney General fined fast-fashion company, Shein Distribution Corporation, $1.9 million for failing to properly handle a data breach in late 2022.