Much ink has been spilled about the continued ascent of the “liability management exercise” (LME). Not to fret, this is not another LME article; rather, this article focuses on potential consequences ...
Two Recent Cases Shed Light on Potential Risks to Preferred Equity Holders in Chapter 11 Preferred equity is a varied and flexible instrument, but, in practice, it typically has a limited number of ...
Dislocation in capital markets is spurring demand for preferred equity real estate investments among both borrowers and capital providers. The precipitous rise in interest rates is constraining loan ...