One provision of the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act makes available to a greatly expanded group of small businesses what is viewed as a cost-effective and time-saving bankruptcy reorganization process.

The automotive industry is continuing to face heavy scrutiny from regulators.

The United States Supreme Court, in the case of Radlax Gateway Hotel, LLC v. Amalgamated Bank (“Radlax”), ruled that secured creditors have the same right to credit bid in collateral sales under a plan of reorganization as they do in sales under Section 363 of the Bankruptcy Code ...

Facts: Lender made a $44,000,000 loan to Borrower. Borrower purchased two commercial properties and leased them to Washington Mutual Savings and Loan (“Tenant”).

Manatt Partner Carl Grumer was recognized by The M&A Advisor for spearheaded a bankruptcy deal named an Industrials Deal of the Year.

Manatt successfully represented Urban Catalyst, a Bay Area opportunity zone fund focused on ground-up development projects, in securing a $56.2 million construction loan for the mixed-use Paseo project in San Jose.

Scott Schwartz, partner in Manatt’s corporate and finance group, led a team of Manatt professionals and outside advisors representing Bertelsmann Printing Group’s (BPG) acquisition of Quad Graphic’s (NASDAQ:QUAD) book printing division. 

Manatt represented Cadence Group, Inc. in structuring and executing an additional $40 million tranche of subordinated notes, which follows the March 2020 whole business securitization of FAT Brands, Inc., the NASDAQ-listed global franchising company. FAT Brands continues to be a leader in the ...