Bankruptcy Considerations When There Is a Default On A Redevelopment Project

If economic pressures become intense and defaults are a possibility, redevelopers and their lenders will be driven to consider the unique issues presented when there is a default on a redevelopment project, including consideration of a bankruptcy filing to stave-off creditor lawsuits or real estate foreclosure

9 minute readAugust 01, 2023 at 12:05 AM
By
Anne S. Babineau
David H. Stein
Bankruptcy Considerations When There Is a Default On A Redevelopment Project

The challenges that have compelled municipalities to act to arrest and reverse negative conditions and encourage investment in redevelopment areas will increase as redevelopment projects face inflationary pressures and rising

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