Thank you for sharing!

Your article was successfully shared with the contacts you provided.

A significant portion of the commercial real estate lending market has been premised on a structure wherein a borrower is a “bankruptcy remote entity” or “special purpose entity” (SPE); the goal being that the borrower’s primary asset that secures a loan is isolated from the financial affairs of the borrower’s affiliates. By using an SPE structure, a lender is provided a level of comfort that the insolvency of a party related to the borrower which may have complex lender/creditor relationships, will not render the borrower insolvent, or cause the borrower to file for bankruptcy protection if the related party files for bankruptcy. This comfort level may not be as high given a recent decision in the General Growth Properties Inc. bankruptcy case.1

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.