The author has disabled downloads on this document.
Are you interested in downloading SAVE Program - JMBMs Secret Weapon for Troubled Hotel Loans? You can easily send the publisher a message on Scribd.
by JMBM
See more great articles on hotel law topics at www.HotelLawBlog.com
With a keen recognition of the problems presented by underwater hotel assets, the hospitality lawyers in JMBM's Global Hospitality Group® have developed the SAVE™ Program for Lenders, Borrowers and investors with troubled hotel loans or hotel loans in restructuring as a result of the 2008 Financial Crisis.
We look to sources beyond the Lender-Borrower duo to increase asset value in the workout game -- to competition, guests, brand, manager, union, and all other stakeholders. That is what increases the size of the pie for the Owner and Lender -- adding all stakeholders to the equation. Participation in the SAVE™ Program will help the Lender and the Borrower:
* Make a bigger pie -- increase asset value from other stakeholders
* Save legal fees associated with contentious litigation and disputes
* Create a win-win for Borrower and Lender
* Avoid typical collateral deterioration from bankruptcy, brand fights and unhappy guests
* Expand the universe of potential buyers and sell the asset at a greater price
2 Pages
Date Added |
12/23/2008 |
Category |
|
Tags |
|
Groups |
|
Copyright |
|
More info » |
|