Thompson Coburn Chicago partner Vic Des Laurier is featured in a new interview with ABL Advisor. Charlie Perer of SG Credit Partners interviewed Vic about the state of the legal landscape in the commercial finance industry.
The article is part of a series featuring leaders who focus on providing legal counsel to asset-based lenders (ABLs). They discussed topics including the current lending environment through the lens of the legal profession, how their role as legal counsel has evolved along with the lending landscape, and how clients are dealing with deals in distress. They also gave some predictions for the ABL market in 2025.
“As ABL lenders continue to evolve, compete and seek to grow, I believe 2025 will be a busy year in the ABL space,” said Vic, who co-chairs the firm’s Banking and Commercial Finance practice. “More financial institutions are using their ABL group to provide additional liquidity to companies as well as to work through troubled credits that require enhanced collateral valuations and monitoring.”
Original source can be found here.