Distressed Asset and Workout

We provide strategies and solutions throughout all phases of problem loan resolution, including workouts, litigation, and bankruptcy proceedings. Our representation begins with a thorough review of the debt relationship, which includes an analysis of credit and litigation risk from which we develop a timely, cost effective strategy. We represent a wide variety of creditors including banks, insurance companies, property management firms, real estate investment trusts, asset based lenders, commercial finance companies, indenture trustees, bondholders, receivers, and creditors' committees. Our experience, developed throughout several real estate cycles, includes real estate financing, litigation, and bankruptcy.

Representative Matters 

  • Large-scale commercial foreclosures; commercial loan workouts, including loan/mortgage modifications, deed-in-lieu agreements, cross-default/cross-collateralization agreements, loan bifurcation agreements, and cash-flow mortgages; and CMBS loans and related CMBS loan servicing 
  • Workouts of bad condominium and resort loans