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What Is a Single Asset Real Estate Bankruptcy Case? Under the Bankruptcy Code, a single asset real estate means real property constituting a single property or project, other than residential real pr operty with fewer than 4 residential units, which… Read More

On May 29, 2014, William Factor gave a presentation to the Union League Club’s Real Estate Committee on the state of the law with respect to Single-Asset Real Estate Bankruptcy. Read More

I ran across an interesting and useful website for those facing student loan issues: https://thestudentloanlawyer.com/. I found the site informative and helpful fo student loan resources. If your financial distress involves student loans, you might b… Read More

The Court of Appeals in Chicago held on April 23, 2014, that an insurance company did not have standing to object to a Chapter 11 debtor’s settlement with another insurance company because the objecting insurer did not suffer a direct pecuniary… Read More

Meghan Hubbard recently joined FactorLaw as a litigation partner focusing on commercial litigation with a special emphasis on real estate disputes. Read More

On April 16, 2014, William Factor and Sara Lorber were two of the three panelists for a Chicago Bar Association seminar on Individual Chapter 11 bankruptcy cases. Read More

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When a Debtor files for bankruptcy relief, he or she must disclose all actual and potential property rights, even if he or she believes the property rights have no value. The general rule of thumb is “disclose, disclose, disclose.” Debtors rarely… Read More