Real Estate & Construction Bankruptcy
Our real estate and construction attorneys, in conjunction with the members of the Bankruptcy and Financial Restructuring Practice Group, represent financially distressed debtors and their creditors, as well as opportunistic acquirers and investors, in financial workouts, restructurings, acquisitions and dispositions of distressed real estate. We also provide related counsel on tax planning for distressed properties, land use and zoning issues, and leasing.
With regard to receiverships, we represent receivers and trustees in cases involving properties, companies, assets and estates varying from hundreds of thousands to hundreds of millions of dollars. Our engagements have included enforcement cases brought by government agencies such as the Illinois Secretary of State, Attorney General, Federal Trade Commission, Commodities Futures Trading Commission and Securities and Exchange Commission. These services include litigation and counsel involving the appointment of receivers, lien placement and enforcement, discharge of receivers, negotiation of bonds for receivers, court-approved sales of both real and personal property, public auctions, and defense of claims and lawsuits brought against receivers.