Food And Beverage Company Defaults On Asset Backed Loan

ByVictoria Negron

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Updated onJanuary 6, 2022

Food And Beverage Company Defaults On Asset Backed Loan

This case involves a commercial lending transaction between a food and beverage company and a major retail corporation. The food and beverage company sold various products large scale to the retail corporation for 6 years and had a $50 million dollar line of credit. In the final year, the food and beverage company defaulted on the loan and the lender opted to end the relationship. The food and beverage company found a new lender and negotiated an asset-backed line of credit. Several months before the loan was scheduled to close, the food and beverage company’s former comptroller claimed that the loan was based on fraud. The loan eventually failed and the food and beverage company went bankrupt.

Question(s) For Expert Witness

1. What is your experience representing both lenders and borrowers in high-value asset-backed loans?

Expert Witness Response E-007721

inline imageI worked in corporate, securities, and credit with a premier law firm prior to entering academia, where my work included advising both lenders and borrowers on a range of financings. This included commercial lending and working with a royalty securitization for a major entertainment company. I am currently a professor in a top business school and a professor at the same university's law school. I teach and research in the areas of securities, corporate finance, and corporate governance. In particular, I teach courses in both the business and law schools that deal with asset-backed securities. I have written on asset-backed securities I have also been engaged as a consultant on cases involving commercial lending and asset-backed securities.

About the author

Victoria Negron

Victoria Negron

Victoria Negron has extensive experience in journalism and thought leadership in the legal space, with a background crafting content, whitepapers, webinars, and current event articles pertaining to the role of expert witnesses in complex litigation matters. She is a skilled professional specializing in B2B product marketing and content marketing. Currently, she serves as an Enterprise Product Marketing Manager at Postman, and previously held the position of Technical Product Marketing Manager at Palantir Technologies, where she developed her skills in launch strategies, go-to-market strategy, and competitive analysis.

Her expertise in content marketing was further refined during her tenure at the Expert Institute, where she progressed from a Marketing Writer to Senior Content Marketing Manager, and eventually to Associate Director of Content & Product Marketing. In these roles, she honed her abilities in digital marketing, SEO, content strategy, and thought leadership.

Educationally, Victoria holds a Master of Business Administration from the University of Florida - Warrington College of Business and a Bachelor of Arts in Literature, Art, and Hispanic Studies from Hamilton College. Her diverse educational background and professional experience have equipped her with a robust skill set in product marketing, content development, and strategic marketing initiatives.

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