Partner Bob LeHane will present on the “Non-Monetary Defaults” panel at the 2023 ABI Annual Spring Meeting. This panel will discuss what happens when lenders default on paying borrowers for non-monetary reasons, such as covenant or compliance violations on real estate loans like debt-coverage-ratio violations. The lenders’ goal is to regain possession of the real estate for investment purposes and deploy it at higher interest rates. Bob and the panelists will discuss the impact and efficacy of this strategy from all angles: institutional lender-side, borrower-side and investor-side.