Negative Amortization Chapter 11 Plans as a Potential Bridge Over the Economic Recovery Gap | Pillsbury Winthrop Shaw Pittman LLP
To embed, copy and paste the code into your website or blog: Hospitality debtors with substantial equity but prolonged depressed revenues due to COVID-19 may find negative amortization, a tool used sparingly pre-pandemic, helpful in the restructuring of mortgage debt under a chapter 11 plan until operations are turned around. TAKEAWAYS The pandemic recovery may present favorable conditions for debt restructurings that feature negative amortization. The hospitality debtors with substantial equity may be likely candidates for such plans. This is the eleventh in a on insolvency topics affectin...