Jones Day provides a full range of legal services to lenders and borrowers in connection with workouts and restructurings of real estate loans, as well as bankruptcies involving significant real estate assets. Jones Day lawyers also have significant experience, working in the U.S. and globally, representing both lenders and investors in the sale and financing of pools of non-performing real estate mortgage loans and real estate.

Our Real Estate Practice works closely with our Tax, Trial, Business Restructuring & Reorganization, and Employee Benefits & Executive Compensation practices, as well as other relevant practices, to assign a comprehensive and coordinated team of professionals to address borrower and lender loan restructuring and workout needs, and to assist with distressed asset sales. Over the past four decades, the Firm has developed the sophistication, experience, and geographical reach to provide the highest-quality legal services to our real estate clients with regard to their workout, restructuring, and distressed asset needs.

Jones Day has assisted capital providers throughout the many cycles of the commercial real estate markets, including commercial banks, life insurance companies, pension funds, private investors, and other capital market participants. Our lawyers are intimately familiar with the restructuring and workout of real estate debt and equity transactions. Our professionals work together to help to minimize risks associated with bankruptcy, staged workouts, litigation, and lender liability.

On the borrower side, Jones Day has counseled several major developers in restructuring entire businesses, and regularly represents clients in workouts for individual projects necessitated by a broad range of issues, from tenant bankruptcies to construction problems, the credit crisis, distressed markets, and myriad other causes. We also have extensive experience representing parties in disputes among the owners of real estate companies and in the split-up of companies when owners find that they can no longer continue as partners.

Jones Day lawyers have represented real estate businesses in their restructurings, as well as numerous companies in chapter 11 cases or out of court restructurings that involved the disposition of substantial real estate assets or leases, the restructuring of significant real property leases or mortgages, or the litigation of significant real property issues or claims. In addition, the Firm’s restructuring attorneys have represented creditors’ committees, purchasers, and lenders in significant real estate-related restructurings.

Jones Day has been involved in many industry-leading sales of pools of non-performing loans and real estate owned by lenders throughout the U.S., Europe, and Asia, for both purchasers and sellers. The Firm’s M&A, Real Estate, and Tax professionals located in key international centers of business have kept the Firm at the forefront of this evolving market for more than 15 years. During the current credit crisis, the Firm has been involved in a number of distressed mortgage pool and land sales transactions, including representing the purchaser of more than 11,000 residential lots from a national homebuilder, several banks in the sales of subprime mortgage loans, and a distressed investor in the acquisition of a mortgage loan servicing business.