Webcast – Real Estate Lending Structures and their Bankruptcy Drivers; Understanding How We Got Here

January 27, 2016

​This presentation unpacks the bankruptcy bogeyman. We canvas some of the fundamental principles of bankruptcy underlying the evolution and form of the real estate financing structures that predominate the market, and discuss how varying structures and provisions can affect results in a future workout or bankruptcy.

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PANELISTS:

Matthew K. Kelsey — A partner in the New York office of Gibson, Dunn & Crutcher and a member of the Business Restructuring and Reorganization Practice Group, Mr. Kelsey’s has been recognized as one of 12 “Outstanding Young Restructuring Lawyers” in the nation by Turnaround & Workouts Magazine. His practice focuses on representing companies, financial institutions and creditor groups inside and outside of Chapter 11 in numerous industries, including the financial, energy, manufacturing, construction and retail sectors.

Jesse I. Shapiro — A partner in the Los Angeles office of Gibson, Dunn & Crutcher and a member of the Real Estate Practice Group, Mr. Shapiro has been recognized by SuperLawyers, Law360, and Best Lawyers in the area of Real Estate Law. His practice experience includes representation of real estate funds, lenders, and institutional and non-institutional investors in all areas of real estate, including: acquisitions and dispositions; construction, mortgage (fee and leasehold), mezzanine and participating financing; loan restructuring and workouts; and forming and representing limited liability companies, general and limited partnerships and joint ventures. Prior to joining the Real Estate Department, he represented debtors and creditors in high profile Chapter 11 proceedings, out-of-court restructurings, commercial bank financings and complex inter-creditor litigations.

Danielle Katzir — An of counsel in the Los Angeles office of Gibson, Dunn & Crutcher and a member of the Real Estate Practice Group, Ms. Katzir represents lenders, borrowers, opportunity and private equity funds, institutional and non-institutional real estate investors, developers and operators in a broad range of matters, including acquisitions and dispositions; joint venture formation and negotiation; leasing, entitlements analysis and development; and financing, for a wide range of commercial real estate assets. Additionally, she has represented a number of developers in securing EB-5 financing for the development of high-profile mixed use projects, and has represented senior and junior lenders in the integration of senior and/or subordinate EB-5 funds into larger structure finance regimes.

Daniel B. Denny — An associate in the Los Angeles office of Gibson, Dunn & Crutcher and a member of the Business Restructuring and Reorganization Practice Group, Mr. Denny has a wide range of restructuring experience representing debtors, creditors, buyers and sellers in distressed settings. He also has significant commercial real estate finance experience, including representation of senior lenders and mezzanine lenders in complex intercreditor and co-lender transactions, workouts and restructurings.