Tonkon Torp Bankruptcy Attorneys Explore the Impact of Chapter 11 on Real Estate

At the recent annual CLE seminar held by the Oregon State Bar Real Estate and Land Use Section, Tonkon Torp bankruptcy attorneys Ava Schoen and Danny Newman delivered an in-depth presentation on Chapter 11 bankruptcy and how it impacts both tenants and building owners in the realm of real estate.

Newman and Schoen touched on the importance of automatic stays (for landlords and tenants), the scope of a landlord’s claims in Chapter 11, what pre-bankruptcy protections are available for landlords, and when a receivership should be considered.

Danny Newman is a partner in Tonkon Torp’s Litigation Department, where he focuses his work in bankruptcy and reorganization and serves as Co-Chair of the Government Law & Disputes Practice Group. He has worked on the largest chapter 11 cases in the Pacific Northwest and has experience representing debtors and creditors of all kinds in state court litigation and out-of-court workouts.

Ava Schoen’s practice focuses on Chapter 11 corporate reorganizations and debtor-creditor law, as well as commercial litigation. She has provided services to clients in such industries as real estate, retail, manufacturing, farming, and technology and has significant experience representing Chapter 11 debtors-in-possession as well as creditors.