The mandate to remediate existing loans that are indexed to LIBOR prior to LIBOR’s cessation to incorporate robust LIBOR “fallback” provisions poses unique challenges for commercial mortgage lenders.
In this second part of our LawWise podcast on real estate workouts and restructurings, real estate finance partner Steve Herman and special counsel Loren Taub examine the goals of borrowers and lenders in workouts and restructurings, potential remedies, and prenegotiation and forbearance agreements.
Please click here to listen.
In the previous installment of our hotel financing series, we examined some of the key issues regarding franchise agreements and non-disturbance agreements. In this Part 5 of the series, we look at hotel management agreements and related issues.
Here is a rundown of some of Cadwalader's recent work on behalf of our clients.