Back to All News Articles >

G&M Achieves Successful Exit from Bankruptcy for Shopping Mall Client

Posted by  Sean P. Williams

Goldstein & McClintock, LLLP successfully obtained approval of a debtor-in-possession lending facility for an owner of a shopping mall in Chapter 11.  The refinancing will satisfy the claims of the debtor’s primary secured creditor, allowing the debtor to successfully emerge from bankruptcy with a “friendly” lender and a rejuvenated balance sheet.