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Nossaman LLP

Real Estate

Workouts and Restructures

Nossaman has in-depth experience with a variety of workout situations, particularly those involving secured real estate loans. Although most workouts are accomplished to avoid bankruptcy, Nossaman also represents clients in bankruptcy proceedings to reach a workout. This is happening with greater frequency than in prior downturns. We have represented both lenders and borrowers in workout situations, and understand the dynamics of the workout process. We have also represented guarantors and investors in these situations.

Our extensive real estate background includes one-action and anti-deficiency expertise and intercreditor disputes. We assess the situation, identify weaknesses and strengths in the position of the parties and suggest solutions or a course of action. If bankruptcy is filed, Nossaman's bankruptcy attorneys work closely with our real estate attorneys to resolution.

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