Pryor Cashman Represents Cirrus Real Estate Partners In Major Restructuring Of Distressed Assets In Downtown Los Angeles

Pryor Cashman represented Cirrus Real Estate Partners in a 10-month transaction that combined distressed debt-restructuring, complex joint ventures, loan origination, unique cross collateralization and collateral security structures, bankruptcy and creditors rights issues and negotiation of development and management agreements. Pryor Cashman's use of its expertise in these varied disciplines culminated in Cirrus gaining control of the remaining high-profile development sites of the Pacific Park project encompassing more than two City blocks adjacent to the [...]

Devolution Of Self-Acquired Property Under Pre-1956 Mitakshara Law

This judgment, delivered by the Honorable High Court of Kerala meticulously addresses the intricate and historically significant question of how a Hindu male's self-acquired property devolved under the Mitakshara School of Hindu Law before the transformative commencement of the Hindu Succession Act, 1956 ("the Act"). The ruling affirms the traditional, patriarchal rule that the male issue succeeded exclusively to the separate property of the father when the death occurred prior to the Act's commencement. [...]

Smart Investing For Smart Buildings: The Data And Cyber Considerations For Connected Real Estate

If these walls could talk. And in the 'connected' buildings that continue to be of prime interest for real estate and infrastructure investors, the doors, the lights, the appliances, and much more beyond. In a recent survey by the Royal Institution of Chartered Surveyors, 27% of respondents reported that their building had suffered a cyber attack in the past 12 months — while 73% of the 8,000 survey respondents believe that an attack will [...]
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