Monthly Archives: August 2012

TOUSA: What’s All the Fuss?

Senior Transeastern Lenders v. Official Comm. of Unsecured Creditors (In re TOUSA, Inc.), 680 Fed 3rd 1298 (11th Cir. 2012) – It would be difficult for even a casual observer to miss the uproar caused by the 11th Circuit’s decision in … Continue reading

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Syndicated Loans: When Does A No Vote Count As Yes?

In re Rosewood at Providence, LLC, 470 B.R. 619 (Bankr. M.D. Ga. 2011) – Can a syndicated lender control its own destiny in a bankruptcy?  According to Rosewood, the answer is no.  As background, the bankruptcy court explained that multi-lender loans … Continue reading

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Welcome to

Decisions coming out of bankruptcy courts can be all over the map, and sometimes results can seem counterintuitive or unfair. My goal for this blog is to give those not familiar with bankruptcy insights into how their issues might play out by using … Continue reading

Posted in Bankruptcy Sales, Real Estate | 1 Comment