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In a market experiencing unprecedented change, parties involved in high-stakes real estate deals need a steady, trusted hand to guide them. The Paul, Weiss Real Estate Practice leverages a history of executing every kind of real estate property transaction and unparalleled business and legal acumen to help the most complex projects succeed amid volatile economic conditions.

Harris Freidus and Brian Hermann Discuss Real Estate Workouts

Real estate partner Harris B. Freidus and bankruptcy partner Brian S. Hermann participated in the Information Management Network's 3rd Annual Bank & Financial Institutions Special Asset Executive Conference on Real Estate Workouts. Harris chaired the session "Mezz/CMBS Workouts: What makes them different?" which included a discussion of the restructuring plan, the importance of the location of the loan in a restructure and special servicer negotiations. Brian chaired the session "Selling Assets in a Bankruptcy Setting: What are your options?" which explored topics including receiver and banker issues, the risks associated with a sale in a bankruptcy setting, title complexities and the role of the trustee. The program took place March 12 - 13 in New York City.

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