Drafting Workout Agreements
by
Kenneth L. Samuelson on Oct. 08, 2012
Bankruptcy & Debt Workout Bankruptcy & Debt Reorganization Real Estate Real Estate Other
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.
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.