Financial Poise Webinars™ announces “Single Asset Real Estate Cases,” a live webinar premiering March 22nd at 11:00 AM CST. This webinar is co-produced by West LegalEdCenter™ and part of the “Ethical Issues In Real Estate-Based Bankruptcies 2023” series. It will feature David Levy (Keen-Summit Capital Partners); Matthew Christensen (Johnson May); Christopher Horvay (Sugar Felsenthal Grais & Helsinger LLP); and Robert E. Richards (Dentons).
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.
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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Note: If you or your firm are subscribed to West LegalEdCenter™, this webinar is included in your subscription at no additional cost.
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