Now That the Dust Has Settled…
The Current Scope of Borrower/Guarantor
Deficiency Liability In Real Estate Loans
Post-foreclosure liability under secured real estate loans has received
substantial attention over the past few years from both the courts and
the Legislature. Our program will explore the following key questions
• May the parties negotiate key protections under the anti-
• May the borrower waive the fair market value defense, or the
• Who has the burden of proving fair market value?
• May a guarantor waive provisions that a borrower may not?
When might they be waivable, i.e., pre- or post-default?
The program is relevant to practitioners in the creditor’s and debtor’s
rights arenas, including bankruptcy and real estate attorneys, as well as
transactional attorneys who now need to update form loan documents
to account for changes in the law.
Barbara Forde, Barbara J. Forde PC
Arizona’s Water Glass:
Half Full or Half Empty?
An In-Depth Discussion of CAP’s
Colorado River Supply
The colossal dams and robust canals built to control and transport
water in Arizona during the Twentieth Century gave birth to the
modern, Grand Canyon State, and forever established a link between
the future of water and economic sustainability in Arizona. Now, with
water in Lake Mead and Lake Powell at historically low levels, state
shortages on the horizon. This distinguished panel will analyze the
• CAP History & Operations – This presentation will review the
series of agreements and legislative actions necessary for
construction of Central Arizona Project, current operations of the
system, relationships between CAP and other water providers/
Basin priority scheme.
federal government, states and water providers are doing about
will also explain the most current projections for when shortage
will be declared on the river, how those cutbacks will impact
Arizona water users and a description of the work currently
for the future.
Faculty: Jay Johnson, General Counsel,
Grady Gammage, Jr., Gammage & Burnham
Akin Gump Strauss Hauer & Field LLP
The Arizona Republic