Represented and Advised National Nank Through a Chapter 11 Filing of One of its Borrowers
Represented and advised a national bank through a Chapter 11 of one of its borrowers, a luxury private golf course in Connecticut (including DIP financing). In addition to the issues of financing an entity in Chapter 11, we negotiated subordinated loans to build a new clubhouse, environmental easement with the Department of Environmental Protection and five forbearance agreements over six years until the loan was actually paid by an assignment to the members of the club.