Dare to Deal with SARE Debtors

Single asset real estate (SARE) Chapter 11 cases generally arise when a SARE debtor is forced to file for bankruptcy relief to stop an impending foreclosure sale. Borrowers who receive SARE status are subject to heightened statutory requirements that limit Chapter 11 protections. Check out this practice note on SARE Chapter 11 cases to get practice tips for counsel involved in SARE cases.

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Related Content

• Automatic Stay Relief under Sections 362(d)(3) and (4)
  Read this practice note for information on relief from the automatic stay under Section 362(d)(3) of the Bankruptcy Code which applies in SARE bankruptcy cases.

• Borrower as a Single Purpose Entity
  See this discussion of a borrower as a single purpose entity that holds single asset real estate.

• Dismissal under Section 1112
  Review the requirements for dismissing a Chapter 11 bankruptcy case pursuant to Section 1112 of the Bankruptcy Code.

• Confirmation
  Read this practice note for the requirements for confirming a Chapter 11 plan.

• Chapter 11 Plan Confirmation Resource Kit
  Refer to this resource kit for Practical Guidance materials on confirming a Chapter 11 plan, including detailed practice notes, templates, and checklists.

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