Bankruptcy as a Solution to Deadlocked Real Estate Entities
About this program
Disagreements between equity holders can deadlock the management of a real estate entity, potentially causing loan defaults and the inability to maximize the value of the property. State court remedies are limited and time-consuming. Under certain circumstances, a single partner or member can cause the entity to file a bankruptcy petition, which if successful may permit the entity to override operating restrictions causing the deadlock.
Find out how bankruptcy may be the solution to your otherwise unsolveable problem.
This OnDemand CLE program earns 1 hour of General credit in California. It aired November 8, 2024 and features Howard N. Gould and David B. Shemano.
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