Hotel and Mixed Use Workouts (And Beyond) Audio Download

    By KENNETH L SAMUELSON, Nancy Leary Haggerty and Robert W Lannan

    Hotel and Mixed Use Workouts (And Beyond) Audio Download

    Hotel and Mixed Use Workouts (And Beyond) Audio Download

    By KENNETH L SAMUELSON, Nancy Leary Haggerty and Robert W Lannan

    PROGRAM INFORMATION Foreclosures and workouts are complicated enough when they involve single user property. When the subject however is a hotel, or a mixed-use project which combines a shopping center, offices, apartments, retail and/or parking, the effort becomes even more complicated, not only because of the numbers of parties ...
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    PROGRAM INFORMATIONForeclosures and workouts are complicated enough when they involve single user property. When the subject however is a hotel, or a mixed-use project which combines a shopping center, offices, apartments, retail and/or parking, the effort becomes even more complicated, not only because of the numbers of parties with different interests, but also because preserving the highest value of the project requires actions which do not interrupt the going business. Learn from our experts how to balance these interests and still accomplish the end goal.The topics to be covered include:
    • The players involved in a mixed-use development
    • Individual tenant bankruptcy and unit foreclosure
    • Keeping the lender involved in the workout
    • Preserving the income and reputation of the project
    • Negotiating hotel management and franchise agreements; adjusting requirements deferring scheduled improvements; modifying franchise performance tests
    • Subordination, non-disturbance and attornment (SNDA) agreements
    • Issues with reserves
    • Forbearance Agreements
    • Finding money for refixturing
    • WARN closing obligations and union contracts
    • Dealing with municipal development agreements, liquor licenses and other permits
    • Software including booking software

    Product Details

    Sponsors

    Section of Real Property, Trust and Estate Law

    Product Code

    5430570AUD

    Publication Date

    6/1/2011 12:00:00 AM

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