Lessons From General Growth Properties

Law360 (August 28, 2009, 2:55 PM EDT) -- The bankruptcy of real estate investment trust General Growth Properties Inc. (GGP) warrants attention not only because it is the largest real estate bankruptcy case ever filed, but because of the shadow it cast on the commercial real estate financing world, and in particular the already besieged market for commercial mortgage backed securities (CMBS)....

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