Recently by Carren B. Shulman
Gaming | Hospitality
Preparing for the Next Hotel Industry Downturn: How lenders, managers and franchisors can protect their interests
As we enter 2017, there are contrary predictions on expectations for the hospitality industry. Expectations remain high for hotel performance generally[1]. Yet, questions remain about the potential substantial default rate on over $100 billion in loan maturities, particularly for securitized...
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Insolvency-Related Implications for the Oil & Gas Industry in the U.S.
Despite the tremendous growth and development of oil and gas resources in recent years, the industry is expected to be a boon for bankruptcy lawyers. This article explores how the current low price environment hurts developers and their lenders, whose past investment premises included a sustained...
Read MoreBankruptcy & Restructuring
Claim Estimation: Potential Pitfall For Creditors In Chapter 11 Matters
Claim estimation is another weapon in the arsenal of a debtor seeking to push its agenda or plan through the bankruptcy court. While not new, post-Stern v. Marshall, estimation may allow a bankruptcy court effectively to adjudicate claims over which it has no jurisdiction. Creditors (particularly...
Read MoreBankruptcy & Restructuring
Caveat Licensees And Suppliers When Entering Cross-Border Agreements
Knowing how U.S. bankruptcy courts will treat creditors in bankruptcies of cross-border companies should be key to defining the business relationship at the time of entry into a license agreement or contract, well before a bankruptcy ensues. Therefore, licensees should watch closely the outcome...
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