Loan Workouts, Restructuring, and Bankruptcy
Financial institutions must overcome specific challenges when dealing with insolvency or related issues affecting their borrowers and their loans. Our clients rely on us to find a way forward in these difficult situations throughout the credit cycle.
We provide specialized advice to individual banks and bank groups, real estate investment trusts, CMBS special servicers, and other lenders to assist them in enforcing their secured and unsecured loans, rights, and remedies against borrowers in distressed situations.
When financial hardships trigger defaults in loan agreements or tension in contractual relationships, we have the experience and knowledge to guide clients through the difficult decisions they face. Clients call on us to develop and implement creative, on-target, and cost-effective solutions to enforce their rights and remedies and preserve value under their agreements with distressed parties. We identify and assess each situation to bring the right talent and experience to bear.
One Minute Matters [Video]: Can 23andMe’s User Data Be Sold in Bankruptcy? (with Kim Lewinksi)
When companies like 23andMe go bankrupt, their assets—including customer data—can be up for grabs.…
Can a single word in your loan guaranty reaffirmation put you at risk? In Huntington National Bank…
Ever heard of a “Bad Boy” Loan Guaranty? These provisions of a lender’s loan documents, if…
