G&M Helps Developer Successfully Prevent Receivership
Posted by Kavin Tedamrongwanish
15 Aug, 2015
G&M News & Developments
Bankruptcy & Restructuring
Goldstein & McClintock LLLP represented the owner of a downtown Milwaukee office/residential building in the successful negotiation of a lease buyout with its anchor tenant. The proceeds of the buyout were then used to resolve issues with the client's main lender and to settle claims asserted by various lien creditors on the project. By successfully resolving these claims, G&M was able to prevent the institution of a receivership by the lender resulting in a better outcome for all parties.