Pub. 16 2021-22 Issue 6

Jeremy C. Hollembeak is an experienced financial restructuring and workout attorney at Baird Holm LLP in Omaha, Nebraska. He concentrates his practice on distressed investment opportunities and related litigation. Jeremy regularly negotiates debt purchase, refinancing and rescue financing transactions. He advises on disputes arising in distressed situations, developing and executing strategies to protect and enforce contract and collateral rights and collect on money judgments. His clients include banks, private capital providers, strategic investment funds and litigation funders. WE’RE YOUR PARTNER IN BANKING. 2120 South 72nd Street, Suite 1200, Omaha 402.391.6777 www.crokerlaw.com loans themselves. Crucially, however, originating lenders’ opportunities to find buyers at these price points comes before a borrower’s distress has been compounded. Lenders who mindlessly roll over and consolidate their own positions until their borrowers are completely out of cash flow and unencumbered assets and have no clear paths to rehabilitation cannot then go to the secondary market and expect to find a buyer for their position. Unprecedented liquidity and asset appreciation may have pushed the day of reckoning for distressed borrowers off into the future, but it is saddling commercial and agribusiness lenders with additional credit risk now. Start using these strategies today to mitigate that risk by identifying which of your borrowers may be in distress and maximizing the collectability of your potential problem loans.  NEBRASKA BANKERS ASSOCIATION 19

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