Please join the Maryland Bankruptcy Bar Association for our February Joint Chapter Meeting which will feature Laura Bouyea and Darek Bushnaq of Venable LLP.

The program will tell the story of a complex, successful real estate bankruptcy.  In the case, the borrower avoided the appointment of a chapter 11 trustee by agreeing to significant corporate governance changes, ultimately selling all of their real estate (64 storage units across 10 states) for $588 million, which sale paid three lenders’ allowed claims in full.  There were complex intercreditor issues between the first lien lender and the 2 mezzanine lenders.  The lenders’ claims were all resolved by 9019 bankruptcy settlements which were approved by the court over the objection of the debtor’s principal.   Venable represented the senior secured note holder in the case.

This will be a hybrid meeting with in-person and Zoom options to attend.

The in-person option will be hosted by Venable LLP located at 750 E. Pratt Street, Suite 900, Baltimore, MD 21202, where lunch will be provided.

PLEASE NOTE “IN-PERSON” ON YOUR RSVP IF YOU WILL ATTEND IN-PERSON AND PLAN TO ARRIVE BY 12:15 PM. 

THE PROGRAM WILL START PROMPTLY AT 12:30 FOR THE VIRTUAL ATTENDEES.

Zoom information will be provided the day before the event.