Examples of how the current economic meltdown impacts the chapter 11 landscape are many. The unavailability of debtor-in-possession financing in most cases makes maintaining cash levels that much more important during the reorganization process.
Real Estate Committee
Committees
Do you remember when advertising a "bankruptcy sale" attracted legions of deal-hungry bidders? Not anymore: The game has changed. Real estate disposition now requires new techniques to drive values and timely sales.
The House Judiciary Committee approved an amendment in the nature of a substitute for H.R.
A circuit split. State vs. estate. Textualism vs. pragmatism. Despite its promise, this year's Supreme Court Bankruptcy Code interpretation bout- Florida Dept. of Revenue v. Piccadilly Cafeterias Inc., 128 S.Ct. 2326 (2008)- was relatively dull. Pragmatism entered the ring disoriented and nervous, and was quickly k.o.'ed by textualism and the certainty of taxes.
In the past, a chapter 11 debtor's counsel might have opted to take advantage of a sale of assets under §363 of the Bankruptcy Code to avoid the delays and uncertainties of the plan confirmation process. On June 16, 2008, the U.S. Supreme Court in Florida Dept. of Revenue v.
For many businesses that operate in shopping centers, industrial complexes, office buildings or other leased property, nonresidential real property leases are often among the “crown jewels” of the company’s assets.
In Kelo vs City of New London,[1] the Supreme Court, by the barest of majorities, upheld the constitutionality of a condemnation of private property for the purpose of conveying it to another private party, as p
This article discusses the issues and opportunities for brokers and their customers when bankruptcy or its specter intervene in a home sale.
Ms. Katharine B. Clark
Co-Chair
Thompson Coburn LLP
Dallas, TX
(972) 629-7100
Co-Chair
Thompson Coburn LLP
Dallas, TX
(972) 629-7100
Mr. Patrick J. Potter
Co-Chair
Pillsbury Winthrop Shaw Pittman LLP
Washington, DC
(703) 300-8531
Co-Chair
Pillsbury Winthrop Shaw Pittman LLP
Washington, DC
(703) 300-8531
Mr. Greg Corbin
Membership Relations Director
Northgate Real Estate Group
New York, NY
(212) 419-8101
Membership Relations Director
Northgate Real Estate Group
New York, NY
(212) 419-8101
Mr. Charles A. Malloy
Newsletter Editor
Arnold & Porter Kaye Scholer LLP
Washington, DC
(202) 942-5926
Newsletter Editor
Arnold & Porter Kaye Scholer LLP
Washington, DC
(202) 942-5926
Mr. David E. Levy
Special Projects Leader
Keen-Summit Capital Partners & Summit Investment Management
Chicago, IL
(312) 909-1696
Special Projects Leader
Keen-Summit Capital Partners & Summit Investment Management
Chicago, IL
(312) 909-1696