Charles T. Marshall

Round 2 of General Growth Properties Bankruptcy: Motions to Dismiss SPE Bankruptcies Denied, No Bad Faith, Corporate Group Considered
Patrick C. Sargent, Peter K. McKee, Charles T. Marshall, Michael D. Jewesson, September 13, 2009
The structured finance industry heaved a sigh of relief after the court in Round 1 of the General Growth Properties (GGP) bankruptcy approved a cash collateral order and Debtor in Possession (DIP) financing that respected the integrity of the 166 special-purpose finance subsidiaries (GGP SPE Subs)...

Ups and Downs for Legacy CMBS: TALF Expands, but S&P Signals Downgrades
Peter K. McKee, Charles T. Marshall, Patrick C. Sargent, Peter Bogdanow, June 23, 2009
Recent developments presage dramatic impacts for CMBS market participants. First, the good news: with its May 19 announcement that the Term Asset-Backed Securities Lending Facility (TALF) would be expanded to include pre-2009 commercial mortgage-backed securities (Legacy CMBS), the Federal Reserve...

Treasury Announces Public-Private Investment Program
Patrick C. Sargent, Charles T. Marshall, Peter K. McKee, Peter Bogdanow, April 8, 2009
The Public-Private Investment Program announced by the U.S. Treasury last week presents buy-side opportunities for investors as financial institutions transfer legacy loans and mortgage-backed securities from their books.