In the last edition of this title, in 2012, a view point was taken that loan servicers were front and centre of European CRE loan workouts and restructurings in the post GFC era and their role would become increasingly more challenging, as a significant proportion of existing European CRE debt was expected to go into default as borrowers faced the consequences of being over-leveraged.
Originally published in Sweet & Maxwell - November, 2016.
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