Real Estate Recovery

Stevens & Lee counsels clients in all aspects of restructuring, bankruptcy and the stabilization of troubled real estate projects, including the acquisition and divestiture of troubled companies and the reorganization or acquisition of new financings or investments.

Our clients include landlords and tenants; trade creditors, including contractors and subcontractors, manufacturers, material suppliers, insurers and service providers; banks and other lending institutions; financially distressed companies; stockholders, bondholders and parties with other debt or quasi-equity positions; creditors’ committees; municipal bodies; and other parties involved in all types of restructuring, bankruptcy, acquisitions and divestitures of troubled companies.

Our experience includes:

  • Secured asset recovery proceedings in state and federal courts
  • Pre-workout agreements and other lender liability avoidance matters
  • Bankruptcy matters as they pertain to real estate holdings (including stays against lien enforcement, set-offs, preferences, fraudulent conveyances, leveraged buyouts and the power of the debtor-in-possession or trustee to assume or reject leases and executory contracts)
  • Workouts outside of bankruptcy, such as loan modifications, asset swaps and sales and conveyances to avoid foreclosure
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