| 225 turned out this morning to our Bisnow Breakfast on Workouts and Restructuring at the Chicago HQ of Jenner & Block law firm on the top floor of a brand new 45-story building they've just moved into. Consensus of the experts: As loan workouts start to involve more properties that have some cash flow and are closer in value to the amount of the loans, we'll start to see more litigation (including lender liability claims) and bankruptcies as borrowers are more likely to fight to preserve their assets. |
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