A slowing economy and decreased tightened access to credit is slowly pushing more commercial real estate investments into insolvency and bankruptcy. The trend will only accelerate as interest rates rise and valuations fall. Managing financially distressed real estate is a complex multi-disciplinary task involving not only real estate finance and law, but also substantial bankruptcy and tax considerations. This program will focus on the tax, finance, insolvency, bankruptcy of restructuring or disposing of financially distressed real estate.
Restructuring or rejection of underlying agreements, including leases
Consequences of modifying debt instruments
Pre-bankruptcy sale techniques and bankruptcy auctions
Cancellation of indebtedness income – recourse v. non-recourse indebtedness, foreclosure v. cancellation
Special considerations in FLP, LLCs and partnerships
The Institute of Certified Bankers This program received the following breakdown of continuing education credit, CTFA: 1.25 INV: 1.25 To obtain continuing education credits, ICB members should submit their credits electronically at http://www.icbmembers.org.
Each price provides online access for 12 months after purchase.