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ABIs Newest Publications Assist Lenders Commercial Property Stakeholders in Understanding Their Roles in Bankruptcy Proceedings

Contact: John Hartgen
               (703) 739-0800
               jhartgen@abiworld.org

 

ABI’S NEWEST PUBLICATIONS ASSIST LENDERS, COMMERCIAL PROPERTY STAKEHOLDERS IN UNDERSTANDING THEIR ROLES IN BANKRUPTCY PROCEEDINGS

September 10, 2008, Alexandria, Va. — The American Bankruptcy Institute (ABI) recently released two new publications- Bankruptcy-A Survival Guide for Lenders, Second Editionand Bankruptcy Issues for Commercial Landlords, Tenants and Mortgagees, Second Edition. The Survival Guide for Lenders was developed specifically to assist lenders in understanding the bankruptcy process in business and consumer cases, and their role in that process. This updated edition addresses the changes with the 2005 amendments to the bankruptcy law and covers substantive bankruptcy issues, procedures and strategies for lenders. TheGuide features practical advice in the form of 'sidebars' geared toward the protection of lenders' interests during a bankruptcy case, and glossaries of both bankruptcy terms and bankruptcy cases, as well as a list of commonly asked questions. Written with the nonattorney in mind, the text cross-references relevant terms and cases in the glossaries for further information, and highlights special points throughout. The 176-page softbound manual is available for $30 for ABI members and $50 for non-members.

Bankruptcy Issues for Commercial Landlords, Tenants and Mortgagees, Second Edition, written by David R. Kuney of Sidley Austin, LLP (Washington, D.C.), provides a comprehensive look at the rights and obligations of tenants, landlords and third parties in real estate bankruptcies. The book has been updated to add new cases and issues arising under BAPCPA as well as in other areas where there has been significant development of the law, including letters of credit, landlord claims and the calculation of the statutory cap for such claims. The book also covers lease assumption, rejection, curing of defaults, damage calculations and pre-petition strategies, among other matters. The 150-page softbound manual is available for $25 for ABI members and $45 for non-members.

Both publications are available for purchase through ABI’s Online Bookstore, which can be accessed at http://www.abiworld.org/abistore.

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 11,700 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abiworld.org/conferences.html.