Michael J. Venditto, a partner at Reed Smith, writes: Utilizing the Bankruptcy Code to restructure real estate assets has always presented unique challenges for bankruptcy lawyers. When the peculiarities of real estate financing collide with the Bankruptcy Code, the results can be unpleasant. The confluence of current economic and court trends is not likely to have an immediate impact on the dynamics of real estate Chapter 11 cases.
Finding New Value for Single Asset Real Estate Cases
New York Law Journal
September 23, 2013