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Navigating the SARE Runway: A Secured Creditor’s Perspective
In re Bordeaux Ventures, LLC, No. 3:25-BK-02702, 2025 WL 2967288 (Bankr. M.D. Tenn. Oct. 17, 2025), illustrates some of the risks and strategies a secured creditor might consider when a real estate debtor files a bankruptcy case to stay an impending foreclosure.
In Bordeaux Ventures, the debtor’s sole asset was a large tract of vacant real property qualifying as “single asset real estate” (SARE). See, 11 U.S.C. §101(53) (defining “single asset real estate” to mean “real property constituting a single property or project, other than residential real property with fewer than four residential units, which generates substantially all of the gross income of a debtor who is not a family farmer and on which no substantial business is being conducted by a debtor other than the business of operating the real property and activities incidental thereto.”).
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New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.