Restructuring of Motorsports Park

Represented the secured lender in a successful Chapter 11 restructuring of a prominent motorsports park. Though initially engaged to develop a restructuring strategy for a defaulted loan, we quickly determined that the client's goals would best be effectuated through a sale process. Loeb & Loeb formulated a prearranged plan to effectuate the sale, which was confirmed within four months of the bankruptcy filing, saving the client (and the debtor) tremendous expense and delay.