Private Credit Restructuring: Strict Foreclosure Spotlight
By EsqSocial Corporation 16/04/25
Chapter 11 is expensive and not always the right tool, particularly for a restructuring of a company with a broken balance sheet, as compared to a business with a broken business model. We have seen a significant uptick in out-of-court activity and clients frequently ask us about foreclosure options. In this post, we highlight a page in the foreclosure playbook — strict foreclosure — and discuss its advantages and challenges....
By: Proskauer Rose LLP