The Ansley Inn
Represented the purchase money note holders who held a subordinate security deed when the owner filed a chapter 11 bankruptcy shortly after the Atlanta Olympics.
Advice and action plan included advising the client on its purchase of the property from the Bankruptcy Trustee, securing a negotiated settlement with tax deed purchaser, negotiating new loan with primary lender which allowed the client to operate the hotel so that the client's investment could be preserved.
Ultimately assisted client with the sale including payment of insurance proceeds when a fire partially destroyed the building.
Total involvement in this matter was over more than a ten year period.