In times of financial duress, real estate owners and investors face a number of options when seeking debt relief, such as restructuring, reorganization, or liquidation in Chapter 11 bankruptcy proceedings. Sidley’s workout and restructuring lawyers have the knowledge and deep real estate industry experience to help clients navigate these challenging situations and develop and execute turnaround strategies related to distressed debt. This includes working with owners, operators, and other market participants on defensive approaches and the structuring of bonds secured by underperforming loan portfolios, as well as providing innovative techniques in restructuring, remedies, and deeds in lieu of foreclosure.
Highly Ranked Nationwide in Bankruptcy/Restructuring, Real Estate, and REITs
Chambers USA 2020
Members of our team work seamlessly with the firm’s top-rated Real Estate practice on complex restructuring matters, assisting clients with their commercial loan workouts, distressed asset acquisitions, loan enforcement (including contested foreclosure), investments, creditors’ rights, insolvency, and Chapter 11 cases. Our clients include corporate and individual real estate investors, developers, owners, and operators, as well as REITs, publicly and privately traded homebuilders, opportunity and private equity funds, hospitality and gaming companies, and homebuilders.