Something Special, April 2021 | Issue No. 23: What’s So Special about Special Purpose Entities?
By EsqSocial Corporation 29/04/21
Lenders often require their borrowers to be “special purpose entities” in real estate transactions. This is a way that lenders can mitigate their bankruptcy risk in the event that the borrower or any of its parent entities file for bankruptcy....
By: Cadwalader, Wickersham & Taft LLP