Non-Income Producing Properties that Never Operated can be Single Asset Real Estate Under the Bankruptcy Code
ABI
JANUARY 22, 2023
John's University School of Law American Bankruptcy Institute Law Review Staff Title 11 of the United States Code (the “Bankruptcy Code”) contains certain provisions addressing “single asset real estate” or “SARE.” [i] ii] Consequently, the designation of a debtor as a SARE may have significant ramifications in a case.
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