NREI connected with Gayle Klein, principal at McKool Smith, a U.S. trial firm, and Robin Cohen, head of McKool Smith’s insurance recovery practice, to discuss which industries are likely to see the greatest increase in insurance lawsuits, what types of disputes we might see, what claims could look like and who they could involve.
Rescue capital is hoping to beat opportunistic investors to the punch when it comes to providing needed liquidity to distressed commercial real estate. Although both groups are hoping to generate alpha returns, rescue capital aims to provide a shorter term solution with preferred equity, mezzanine debt or fresh joint venture money to help owners hold onto troubled assets.
The Federal Reserve’s extraordinary effort to keep credit flowing to companies during the Covid-19 pandemic is also shunting money to banks’ bottom lines.
Intensive testing of meat, seafood and other products for the coronavirus has tripled customs clearance times at some major Chinese ports, raising concerns the delays could ensnare global trade flows.
Commercial real estate companies have been hiring infectious disease experts to help evaluate their properties, reports Fast Company. Small businesses may use new bankruptcy laws to get out of leases, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
