1659917
9780735511217
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The Second edition helps you analyze the factors that determine whether to choose a real estate workout over bankruptcy or foreclosure and the leverage lenders have under each possible scenario. The Second Edition features extensive coverage of environmental liabilities that may arise under federal statutes and regulations such as RCRA and CERCLA and how lenders can avoid or minimize these liabilities. A new chapter has been added on the state mini-RCRAs and CERCLAs, necessitated by the growing importance of state environmental laws to real estate financing. A detailed discussion is presented on the laws and programs that have been developed to minimize lender liability at 'brownfields' sites in urban areas. Excellent coverage is provided for such key areas as prepackaged plans, single asset real estate cases, cash collateral and adequate protection, deeds in lieu of foreclosure and dealing with guarantors and other sureties.Joel B. Eisen is the author of 'Structuring Commercial Real Estate Workouts: Alternatives to Bankruptcy and Foreclosure, Second Edition', published 1999 under ISBN 9780735511217 and ISBN 0735511217.
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