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
In an environment where real estate values are fluctuating and cash flows are difficult to predict, it is more important than ever to apply a comprehensive perspective when considering the purchase of real estate loans....more
The question is not if but how deeply the global coronavirus (COVID-19) pandemic will disrupt businesses and impact future operations. That answer differs based upon each company’s industry, access to cash and other capital,...more
Kramer Levin was selected as counsel to the Official Committee of Unsecured Creditors of Forever 21 and its affiliates, which filed for Chapter 11 protection in Delaware on Sept. 29, 2019. Forever 21 is a specialty fashion...more
12/4/2019
/ 363 Sales ,
Bankruptcy Code ,
Brick-and-Mortar Stores ,
Chapter 11 ,
Collateral ,
Commercial Bankruptcy ,
Commercial Leases ,
Corporate Restructuring ,
Debtors ,
Debtors-in-Possession ,
Fashion Industry ,
Financing ,
Forever 21 ,
Liquidation ,
Retail Market ,
Retailers ,
Sales