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Perspective

Apr. 19, 2011

Chapter 11 May Not Be the Silver Bullet Real Estate Developers Seek

Bankruptcy may not be the saving grace that many investors and developers hope it is. By Matt Grimshaw of Rutan & Tucker LLP.


By Matt Grimshaw


Each time the real estate market collapses, real estate developers and investors search for ways to stave off foreclosure while waiting for the real estate market to recover. With the most recent collapse, a new generation of developers and investors are searching for ways to hang on until the market turns around, and some are turning to the bankruptcy courts hoping to find a solution.


Unfortunately, bankruptcy may not be the silver bu...

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