The FDIC Loss-Share Program: How to Extract Every Last Dollar
March 2, 2017
Duane Morris LLP and FTI Consulting invite you to our webinar, The FDIC Loss-Share Program: How to Extract Every Last Dollar, to be held on Thursday, March 2, 2017 from 11:00 a.m. to 12:00 p.m. Central time.
About the Program
Duane Morris lawyers and FTI Consulting professionals will discuss strategies that can help banks maximize recoveries under the FDIC Loss-Share Program. Generally, the FDIC will reimburse 80 percent of losses for a covered asset, while the acquiring bank absorbs 20 percent of the loss, provided certain conditions and reporting requirements are met. Our program will outline the common challenges that banks face with the FDIC Loss-Share Program and provide practical solutions that increase loss-sharing recoveries.
- History of the FDIC Loss-Share Program and trends
- Agreement revisions over time
- Quarterly certificates and dealing with FDIC rejections and difficult audits
- Final certificate issues
- Dispute resolution process and venues
- Anticipated recovery period issues
- Early termination
- Leveraging the dispute process to enhance the bank’s outcome
Mark Belongia, Partner, Duane Morris
Mark Bradford, Partner, Duane Morris
Thomas Rees, Senior Managing Director, FTI Consulting
Tilcia Toledo, Senior Director, FTI Consulting
About Duane Morris LLP
Duane Morris LLP, a law firm with more than 750 attorneys in offices across the United States and internationally, is asked by a broad array of clients to provide innovative solutions to today’s legal and business challenges.
For decades, Duane Morris has provided leading national and international financial institutions with the full range of legal services they require. From commercial loan documentation and workouts to commercial litigation, intellectual property, bankruptcy and employment law, Duane Morris offers experienced and comprehensive business and legal guidance for clients in the tumultuous banking and financial services industry.
About FTI Consulting
FTI Consulting is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. Individually, each practice is a leader in its specific field, staffed with experts recognized for the depth of their knowledge and a track record of making an impact. Collectively, FTI Consulting offers a comprehensive suite of services designed to assist clients across the business cycle – from proactive risk management to the ability to respond rapidly to unexpected events and dynamic environments