The commercial real estate market continues to struggle. Beyond record vacancy levels, generally poor market conditions, financing difficulties and other well-known issues of late, many mortgage holders realize that their properties are worth significantly less than their mortgage balance.
Secured Lender Invokes Seldom-Used Tool to Protect Collateral in Bankruptcy
In a Chapter 11 bankruptcy process,the question becomes: Who will take the loss on their balance sheet ' the lender or the borrower? An analysis of recent litigation.
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