Institutional Real Estate Americas

March 2010: Volume 22, Number 3

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From the Current Issue


Bankruptcy Basics: What to Expect When a Partner Goes Bust

By now, almost every institutional investor has been faced with a bankruptcy filing by a partner in a joint venture relationship. The most common scenario is a general partner or managing member that has experienced severe financial difficulties files for protection under Chapter 11 of the U.S. Bankruptcy Code.

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