Banking Case Studies
Recovery of Secured Loan In Bankruptcy
Couch White’s client had lent over thirteen million dollars for the construction of a senior housing facility. The facility’s owner, together with its principal, filed for Chapter 11 bankruptcy. Couch White successfully litigated the matter in Bankruptcy Court, including thwarting numerous efforts by a junior secured lender to seize control over various aspects of the administration of the bankruptcy estate. At the conclusion of the case, Couch White was able to recover 100% of its client’s investment through a refinancing.
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