EBA Risk Management MDG Call 11/29/2017: Asbestos: Lender Risk Considerations
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EBA Risk Management MDG Call 11/29/2017: Asbestos: Lender Risk Considerations

Join us at Noon Eastern on Wednesday, November 29, 2017 for the Risk Management Member Development Group call: “Asbestos: Lender Risk Considerations” Organizers: Michael Cole, SunTrust Bank; and Dennis Firestone, ATC Group Services, Inc. Dial-in Number:  712.432.0075   (Canadian callers: Dial this access number first: 559.546.1400 .. and then the number above) Access code: 880073#

11/29/2017
When: Wednesday, November 29, 2017
12:00 PM (Eastern)
Where: Dial-in Number: 712-432-0075, Access code: 880073#
Canadian callers: Dial this access number first: 559.546.1400 .. and then the number above
United States
Contact: Michael Cole
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Join the joint Risk Management Member Development Group call on Wednesday, November 29, 2017 as we discuss: 

Asbestos: Lender Risk Considerations

This will be Part 2 of the two-part presentation. Part 1 was in October, and provided a comprehensive primer on Silica. During this call, Part 2, we will present Asbestos: Lender Risk Considerations, led by Chris Gates of MC Consultants (and current President of EIA – Environmental Information Association) and Bill Sloan of Commerce Bank (and current President of the EBA), with a Tip Sheet summary by Dennis Firestone of ATC. Contributors include Jessica Crutchfield, Esq. of McRoberts & Associates, PC and Joe Palermo of Wells Fargo Bank. The slide deck and the draft Tip Sheet are available for download from the EBA website --- This will be a “seminar-quality” presentation.

 

This call will cover:

  • Asbestos: Exposures, Obligations, and Resources.
  • A Lender’s perspective / Overview of actual v. perceived risks associated with asbestos.                                 
  • “The Baker’s Dozen” Pitfalls.
  • Four (of many) legal cases reviewed.
  • Four “must-have” regulatory letters that should be considered in establishing a Lender’s risk tolerance and Policy.
  • Four (of many) asbestos risk positions a Lender could hold; and a comparative discussion.
  • Informal Lender Poll: Current approach to asbestos management in buildings.
    • Lending Considerations
    • Foreclosure/Owner Considerations
  • Four examples of Bank Policy and Scoping Language, with sample Reference Document.
  • Three suggested actions in collaboration with the Environmental Information Association.
  • Review of compiled resources including the EPA’s “100 Answers to Questions”


       
  Chris Gates, CAC
MC Consultants, Inc.
  Bill Sloan
Commerce Bank

 

The call will be hosted by EBA-RMC Co-Chairs: Michael Cole of SunTrust Bank, and Dennis Firestone of ATC Group Services.

 

Tip Sheet Draft

Presentation Slides


Call ID:
Dial-in Number:  712-432-0075  
(Canadian callers: Dial this access number first: 559.546.1400 .. and then the number above)
Access code: 880073#
(Press *6 to mute and un-mute during the call)


Access pre- and post-call conversation on our EBA Community Blog (login required)

  

NOTES:
There will be no roll call during the call due to the number of participants. Please take a moment during the call to e-mail your name to Dennis.Firestone@atcassociates.com ... or use the "buttons" embedded in the 10-Minute Reminder sent on Wednesday morning.

 

Please share this announcement with others in your bank or firm! Also, if you would like to receive a membership package, please contact Lisa Kraus Gardner at: eba@envirobank.org.

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