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DEALING WITH LEASES IN DISTRESS

The reality of this economic cycle is that a number of tenants and landlords are facing economic challenges that affect their ability to perform their leasehold obligations. Now, more than ever, creative strategies and cutting-edge ideas are needed to structure solutions that will enable both landlords and tenants to maximize their options and get the best economic results. This panel will share different approaches to meet the challenge faced when leases are in trouble, including some practical suggestions and lively debate regarding approaches that are "market," "fair and reasonable," and "industry standard."

Click here to view the PowerPoint presentation presented at the Crocker Symposium.

MODERATOR


Pamela Westhoff, Partner
Sheppard Mullin Richter & Hampton LLP

Pamela Westhoff represents clients in a wide range of real estate transactions, with an emphasis in acquisitions, dispositions, commercial leasing, and technology issues affecting real estate. She has developed expertise in data center leasing, and in the representation of radio and television broadcasters in real estate-related matters, including broadcast and communications tower licensing. MORE>

PANELISTS

Jess Bressi, Partner
Luce Forward

Jess Bressi is a partner in the Orange County offices of Luce Forward. His primary areas of expertise involve financial remedies, bankruptcy, business litigation, and secured transactions involving real property. Mr. Bressi writes and lectures extensively on bankruptcy, real estate, finance, and litigation topics. MORE>

Mark Phillips, Vice President, Regional Counsel
Brookfield Properties

Mark Phillips has over 20 years’ combined experience as legal counsel for Brookfield Properties and Trizec Properties. In this capacity, Mr. Phillips supports the leasing and management of high-rise office properties throughout the Southern California area.


Nadav Ravid, Shareholder
Buchalter Nemer

Nadav Ravid is a shareholder in Buchalter Nemer’s Los Angeles office and serves as the administrative chair of the firm’s Real Estate Practice Group. He focuses his practice on matters involving leasing, buying, selling, financing, and developing commercial real estate and serves as chair of the General Real Property Law Subsection of the Real Property Section, LACBA. MORE>

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