Another Georgia-based real estate company has filed for bankruptcy protection. A Georgia-based single asset company has filed for Chapter 11 protection in court. The company is seeking to restructure ...

Understanding the Context

Forbes: Shedding Real Estate Assets In Bankruptcy: What Business Leaders Should Know The finality of asset sales in bankruptcy is an indispensable feature of U.S. bankruptcy law designed to maximize the value of a bankruptcy estate as expeditiously as possible for the benefit of all ... Michael J. Venditto, a partner at Reed Smith, writes: Utilizing the Bankruptcy Code to restructure real estate assets has always presented unique challenges for bankruptcy lawyers.

Key Insights

When the ... Forbes: The Popular But Deeply Flawed Asset Protection Plan For Smallish Real Estate Investors This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more.

Final Thoughts

A popular asset protection scheme for small real estate investors, circulating on social ... The Popular But Deeply Flawed Asset Protection Plan For Smallish Real Estate Investors Debunking the viral 3-layer asset protection plan for real estate investors: Why revocable trusts and LLCs offer flawed security against creditors. JD Supra: Bankruptcy Issues Raised by Generative AI: Ownership, Licensing, and Asset Values JD Supra: Disappointed Bidder in Bankruptcy Asset Sales Waived Argument that Buyers Did Not Act in Good Faith by First Raising It on Appeal Disappointed Bidder in Bankruptcy Asset Sales Waived Argument that Buyers Did Not Act in Good Faith by First Raising It on Appeal In a Chapter 7 bankruptcy, creditors can seize certain assets to repay the debts you owe. However, exceptions allow debtors to retain some of their assets (or at least part of the asset’s value).