Real Estate: Loan Modifications/Restructuring/Receiverships

Loan Modifications/Restructuring/Receiverships

SSP has a team of real estate lawyers with experience in loan modifications, workouts, restructurings and receiverships. Combined with our knowledge in commercial lending and finance, our real estate team is diligent when considering all options that lead to long-term financial success. We have represented both debtors and creditors, so we know the strategies commonly used on each side of the negotiating table.

SSP has valuable experience in helping creditors and debtors to finance, purchase or sell many types of assets in distress. If a negotiated solution cannot be reached, we can act as advocates in court with a team of experienced litigators. Our team depth in corporate and business law brings value to our clients during the litigation phase.

We perform services in connection with:

  • Workout, forbearance and standstill agreements
  • Loan modification agreements
  • Enforcement of notes, guaranties and other loan obligations
  • Exercise of rights under mortgage loan documents, including taking possession of property and collecting rents
  • Foreclosures and deeds in lieu of foreclosure
  • Enforcement of rights under lease documents, including evictions
  • Enforcement of UCC security interests, including foreclosure of liens on equity interests and personal property liens
  • Repossession of collateral, including leased personal property
  • Collection of debt
  • Sale and operation of companies in state court receiverships
  • Sale and acquisition of debt instruments