Atlanta lawyers from Kutak Rock and Paul, Hastings, Janofsky & Walker were in on the action when Centerline Capital Group, a New York-based commercial mortgage servicer, ran into financial trouble and launched a series of transactions to recapitalize its equity and restructure its debt.
The lawyers worked on modifying Centerline’s obligations to Merrill Lynch Capital Services related to more than $400 million in credit default swaps associated with guaranteed low-income housing tax credit funds.
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