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Single Asset Real Estate Cases

Single Asset Real Estate Cases 2022

A common situation encountered by insolvency practitioners is a matter involving an LLC that exists solely to hold the principal asset and “the night before” the property is scheduled to be sold at a foreclosure auction the debtor elects to file bankruptcy to invoke the “Automatic Stay”, which prohibits the secured lender from foreclosing on the property. The bankruptcy code contemplates this and therefore has a section devoted to dealing with this specific kind of bankruptcy known as a Single Asset Real Estate (“SARE”) case.

This webinar presents practice pointers on how to use the ABA Model Rules as a guide to navigating ethical issues in Single Asset Real Estate or SARE cases. Model Rules addressed include those that address a conflict of interest towards current clients (Rule 1.7); those that speak to meritorious claims and contentions (Rule 3.1); and dealing with an unrepresented person (Rule 4.3).

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Webinar Faculty

Moderator:

David Levy
David Levy

David Levy is Vice President of Business Development for NRC Realty & Capital Advisors. NRC conducts structured sales, sealed bid sales, and auctions of all types of real estate and… Read More

Panelists:

Christopher Horvay
Christopher Horvay

With more than 36 years experience, Christopher J. Horvay has represented senior creditors and asset-based lenders in complex litigation, workout and bankruptcy matters across the country.  His practice also involves the representation of… Read More

Matthew Christensen
Matthew Christensen

Matt Christensen joined Angstman Johnson in 2008 as an associate attorney. Now a member of the firm, Matt has a civil litigation practice involving commercial law (finance and secured transactions),… Read More

Robert Richards
Robert Richards

Bob Richards is chair of Dentons' Global and US Restructuring, Insolvency and Bankruptcy practice groups and practices in the areas of bankruptcy and insolvency-related transactions and litigation. His practice includes… Read More

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