This article is intended to address certain transactional issues that can come up in a bankruptcy proceeding or in relation thereto - specifically family asset protection vehicles, special purpose entities, sale lease-backs, and bankruptcy court ordered sale bidding procedures (including break-up fees). This article is here because it sets forth a number of issues to consider. However, because this area of the law is changing, this article is out of date, particularly with respect to whether any protections are provided by single member limited liability companies or separate, but related, entities that in fact work together, particularly through cross-guaranties and cross-collateralizations.
Welcome to my blog. I use it primarily to publish my materials from programs I present before the American Bar Association, the American College of Real Estate Lawyers, the American Inns of Court, the District of Columbia Bar, the Maryland State Bar Association, the Harvard Business School Club of Washington, D.C., and other organizations. I would love to receive any questions, comments, criticisms and suggestions you may have on any of these topics. Please check my law firm’s website, at www.samuelson-law.com, and contact me.
- All articles contained in this Blog are only as of their respective dates. None of them has been updated since then. The reader is urged to supplement all of those materials.
- Particular facts and circumstances, and changes of law or fact, may affect the statements in the articles in this Blog.