Event

Distressed Real Estate Update

June 21, 2018

Haynes and Boone, LLP cordially invites you to join us for a seminar on recent court decisions and their impact on real estate loan structures.

The period of 1988 through 1993 was marked by a national real estate downturn resulting in a mass profusion of real estate chapter 11 cases. In many of those cases, the bankruptcy courts exercised their “cram down” powers to alter the terms of loan agreements, including material provisions such as interest rates, term, and amortization. Following this real estate downturn, new loan agreement structures were put into place in light of the hard knocks and lessons learned by lenders in those contentious chapter 11 cram down cases. Our seminar will address how recent court decisions have affected these post-1993 loan structures, including a discussion of:

  • Bad boy guarantees
  • Non-recourse carve-outs
  • Substantive consolidation
  • Golden shares
  • Impaired accepting classes of claims
  • Claims purchasing
  • Intercreditor agreements

Moderator:
Lawrence Mittman - Partner, Haynes and Boone, LLP

Speakers:
Ken Kattner - Partner, Haynes and Boone, LLP
J. Frasher Murphy - Partner, Haynes and Boone, LLP
Geoffrey Raicht - Partner, Haynes and Boone, LLP
Carolyn Sullivan - Partner, Haynes and Boone, LLP

Thursday, June 21, 2018
5:00 p.m. - 8:00 p.m.
5:00 p.m.  Registration
5:30 p.m.  Program
6:30 p.m.  Reception

CLE CREDIT: 

This transitional course has been approved in accordance with the requirements of the New York State CLE Board for a maximum of 1.00 credit hours, of which 1.00 credit hours can be applied toward the Areas of Professional Practice requirement.
This course has been approved for Minimum Continuing Legal Education credit by the State Bar of Texas Committee on MCLE in the amount of 1.00 credit hours.

Event Details
  • June 21, 2018
  • <p><strong>Haynes and Boone, LLP </strong></p> <p><a href="/-/media/project/haynesboone/haynesboone/pdfs/offices_directions_maps/offices_directions_map_ny.pdf">30 Rockefeller Plaza, 26th Floor</a></p> New York, 10112
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