Richard E. Gordet

Bankruptcy Court Denies Lenders' Motions to Dismiss SPE Bankruptcies But Says Fundamental Protections of SPE Structure Continue
Richard E. Gordet, Megan Delehanty, August 27, 2009
When General Growth Properties, Inc. (GGP) filed for bankruptcy in April 2009, special purpose subsidiaries (SPEs) holding title to approximately 160 of GGP's mall assets also filed.

Bankruptcy Court Maintains the Status Quo, Allaying Fears of CMBS Industry
Richard E. Gordet, Megan Delehanty, June 25, 2009
When General Growth Properties, Inc. (GGP) filed for bankruptcy on April 16, 2009, the commercial mortgage backed securities market (CMBS) paid attention.

Massachusetts Cities and Towns May Look to Non-Profits to Address Revenue Shortfall
Peter C. Erichsen, Richard E. Gordet, Mary T. Marshall, Anne Phillips Ogilby, Carolyn M. Osteen, Kendi E. Ozmon, January 16, 2009
Given the strain on state and local budgets due to the current economic environment, including the much-publicized announcements warning of significant cuts in local aid to cities and towns, we anticipate that cities and towns throughout the Commonwealth are likely to seek to increase existing or...