Every passing month seems to bring with it a new set of “market making” events that consistently catapults the deal and debt financing economy in a new direction. Nonetheless, there are certain trends that the JMBM attorneys on the “financing frontlines” see repeatedly, and this fall seemed as good a time as any to convey […]
An article by Bob Kaplan titled, “Bank Uses State Receivership to Avoid Foreclosing on Problematic Apartment Building,” was published in the July–August 2023 edition of the Turnaround Management Association’s Journal of Corporate Renewal. You can read the article here.
I recently attended the Kayo Women’s Credit & Debt Finance Summit in Boston, Massachusetts. What that summit revealed was a number of financing trend insights that JMBM is starting to see as well. Below, we want to share highlights raised at the summit, many of which match our own observations in the deal marketplace, with […]
An article by Ben Young titled “Alternatives to Bankruptcy: What Should Business Owners Know?” was published by West Coast Industrial Solutions on October 9, 2020.
Ben Young appeared in the CBS KPIX Channel 5 news story “Brockovich Joins Wildfire Survivors To Demand California Halt PG&E Bankruptcy” on January 22nd, 2019.
Recently, we’ve been seeing debtors try to confirm cram down plans of reorganization that are unfavorable to the secured creditor by “gerrymandering” the class of unsecured claims. The typical situation finds the secured creditor holding an undersecured loan. Under Section 506(a) of the Bankruptcy Code, the secured creditor’s claim is automatically bifurcated into a secured […]
Ben Young’s article, “Double Bogie: Bank’s Security Interest in Green Fees Cut Off by Club’s Bankruptcy,” was published by Jim Butler’s Hotel Law Blog, and picked up by Hotel Online and Hospitality Net.
A good workout professional also knows how to help the Bank make loans that are properly structured. Many of the “sad” stories we have recently experienced were the result of a huge decrease in property values, but several arose out of mistakes made in underwriting and structuring loans. Well-run institutions are taking care to be […]
Not every startup succeeds. Most persistent entrepreneurs eventually find themselves with a business that is failing or going nowhere. There’s lots of advice about starting a new business and navigating a great exit. People don’t like to talk about less successful endings. In the article, Is your startup failing? Here’s how to exit gracefully, Ben […]
Many lenders are not very familiar with creditors’ plans, which can be a useful tool to break through a logjam in a Chapter 11 bankruptcy case. JMBM Special Assets Team members and expert creditors’ rights attorneys, Bob Kaplan and Nick De Lancie, are veterans at crafting and confirming creditor’s plans in tough cases. Bob and […]