What the Pros Say (Lease Stripping, Recharacterization)

Lease Stripping. Distressed commercial real estate is on everyone's radars these days with the retail bloodbath being what it is. A recent Ninth Circuit ruling allowed for lease-stripping through a Section 363 sale. Take note. A good summary fromBallard Spahr LLP is here

Recharacterization. The Supreme Court granted petition for certiorari to review the Fourth Circuit Court of Appeals' recharacterization decision in PEM. Here, a brief refresher on the issue from Squire Patton Boggs.