Overview
We have in-depth experience with workout situations, particularly those involving secured real estate loans. Although most workouts are accomplished to avoid bankruptcy, we also represent clients in bankruptcy proceedings to reach a workout. This happens with greater frequency in economic downturns.
We have represented both lenders and borrowers in workout situations. We understand the dynamics of the workout process. We have also represented guarantors and investors in these situations.
Our extensive real estate background includes one-action and anti-deficiency expertise and intercreditor disputes. We assess the situation, identify weaknesses and strengths in the position of the parties and suggest solutions or a course of action. If bankruptcy is filed, our bankruptcy attorneys work closely with our real estate attorneys to reach resolution.
