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Byrne and Kremer managed the work-out of the Bank of New England's $500 million portfolio of non-performing real estate loans. In 1992, Byrne and Kremer founded Boston Capital Institutional Advisors and between 1992 and 2004 invested more than $5.5 billion in commercial real estate in more than 1,800 properties in 48 states. [4]
Key takeaways. When seeking a lawyer to guide you through the bankruptcy process, it is crucial to choose a specialist in bankruptcy law. Opt for a bankruptcy attorney with local expertise, well ...
Sheila Gowan, the trustee overseeing the liquidation of the law firm, filed a Chapter 7 involuntary bankruptcy petition for Dreier on January 26, 2009. Wachovia Bank National Association and the bankruptcy estate of 360networks Inc also joined Gowan in the involuntary petition as creditors. The three said they were owed about $88.5 million. [81]
[1] [2] [6] [7] The five of them were previously managing members of Westbrook Real Estate Partners who left to found the firm. [1] [2] [7] Westbrook Real Estate Partners was co-founded by Walton in 1994 and continued to be controlled by him and Gelb until 2014 where the firm closed. [2] [6] [7] Currently only Walton and Gelb remain with ...
Certain real and personal property can be exempted on "Schedule C" [42] of a debtor's bankruptcy forms, and effectively be taken outside the debtor's bankruptcy estate. Bankruptcy exemptions are available only to individuals filing bankruptcy. [43] There are two alternative systems that can be used to exempt property from a bankruptcy estate ...
The crippling burden prompted PG&E to file for bankruptcy protection 13 months ago, marking its second stint in bankruptcy in two decades. PG&E banking on big profits after utility leaves ...
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