The United States District Court for the District of Delaware recently upheld the Bankruptcy Court’s finding that a lender’s credit bid does not determine the amount of the lender’s allowed secured claim. Rather, it is the final bid that is the determinative factor in determining claim value.
Retail leasing isn’t dead, despite what you may have heard. While it is true that many national and local retailers are jumping ship on their current leases, there is still movement in the market.
We are seeing, and will continue to see, two fundamental shifts in the restaurant franchise industry. These shifts are fundamental, dynamic, and are occurring quickly - but will have a lasting effect. They will present opportunities for brands that can best leverage technology and their customer interests, and operate with flexible staffing.
With Hollister Construction’s recent filing of its Chapter 11 bankruptcy case in New Jersey, the United States Bankruptcy Court for the District of New Jersey is likely to address subcontractor liens at some point during the case.
When a client is getting ready to embark on a construction or renovation project, whether as the owner or as a contractor, the question often arises: Does it make sense to use one of the standard form contracts available or should the client opt for a custom form?
Kim Alexander, Counsel As a purchaser or a loan guarantor, you may be faced with the challenge of how to protect yourself against real risks while achieving your ultimate goal of consummating a purchase or loan. One way to transfer…
Glenn Azzinari, Partner If you own or manage commercial real estate, you’ll have a daunting decision to make when the time comes to build out your space or undertake a major renovation. The same challenge applies if you are a…
Lonnie Halpern, Partner I was thrilled to see so many real estate crowdfunding platforms in attendance at the IMN Middle-Market Multifamily Conference earlier this month. I believe that the increased adoption of real estate crowdfunding highlights a real need for…