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Eric Johnson and Zach Fairlie Provide Guidance on Addressing Troubled Credit

Spencer Fane attorneys Eric Johnson and Zach Fairlie recently wrote an article for The Missouri Banker on assessing risk during economic uncertainty.

Titled “Preparing for the Next Downturn,” the article outlines the steps a lender can take to address troubled borrowers, including considerations before and after a bankruptcy proceeding.

“These are complex issues and in many cases require the navigation of both federal and state law,” Eric and Zach explain in the article. “As a result, they should not be taken lightly, and the lender should consult with counsel to ensure compliance with the applicable laws.”

To read the full article, please click here.