G&M Achieves Successful Exit from Bankruptcy for Shopping Mall Client
Posted by Sean P. Williams
17 Sep, 2013
G&M News & Developments
Bankruptcy & Restructuring
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.