Real estate lenders and borrowers everywhere are trying to figure out what to do with properties that are either sitting vacant or underperforming pre-pandemic expectations. In New York, a number of mezzanine foreclosures...more
The recent decision of the Bankruptcy Court for the Southern District of New York in In re AAGS Holdings LLC, Case No. 19-13029 (SMB) (Bankr. D. Del. Nov. 12, 2019), underscores the ability of debtors — and specifically, for...more
The recent decision of the Bankruptcy Court for the Southern District of New York in In re AAGS Holdings LLC, Case No. 19-13029 (SMB) (Bankr. D. Del. Nov. 12, 2019), underscores the ability of debtors — and specifically, for...more
2/5/2020
/ Automatic Stay ,
Bad Faith ,
Bankruptcy Code ,
Chapter 11 ,
Closing Date ,
Commercial Real Estate Contracts ,
Contract Termination ,
Contract Terms ,
Debtors ,
Motion to Dismiss ,
Purchase Agreement ,
Real Estate Transactions ,
Residential Real Estate Contracts ,
Termination Rights ,
Time Extensions ,
Tolling