This article is located on my blog at http://www.commercialrealestatelawyerblog.com. See my blog for other commercial real estate and bankruptcy articles, including title problems that only a bankruptcy court can solve, the special nature of LLC's in bankruptcy, buying assets out of bankruptcy, and the safety of escrow deposits from bankruptcy.
Drafting Workout Agreements
by Kenneth L. Samuelson on Oct. 08, 2012
Summary
Workout agreements have to address a number of bankruptcy and foreclosure issues, as well as transactional ones. Many workout agreements don't address all of the consequences of what liabilities and procedures apply if the workout fails.
