30 October 2008
Please see “troubled hotel loans – workouts, bankruptcies & receiverships” for the latest articles on troubled hotels.
Hospitality Lawyer: Workouts, receiverships, deeds in lieu and bankruptcies with distressed hotel loans: Do you know the 8 Dos and Don’ts of handling Troubled Hotel Loans?
As CMBS special servicers and other lenders’ special assets workouts teams start to receive a new wave of troubled loans in the wake of the Global Financial Crisis that erupted in September 2008, it is a great time to “get back to fundamentals” and review the Dos and Don’ts of Troubled Hotel Loans. So here they are in case you want to test your memory or get started on a new run . . .