M. Todd Westfall, managing partner at Howick, Westfall, McBryan & Kaplan, LLP, served as a guest panelist for the December 15, 2010 taping of The Commercial Real Estate Show in Atlanta, Georgia.  Mr. Westfall provided information and legal insights in discussing the show’s topic, “Commercial Real Estate Law-Legal Matters Prevalent in this Cycle.”  Moderated by Michael Bull of Bull Realty, Inc., the nationally broadcast radio program featured four local Atlanta attorneys with significant commercial real estate knowledge and expertise.  Specifically, Mr. Westfall discussed: 

• foreclosure sales and related issues;
• the diminishment of bankruptcy as a tool to restructure loans in the current times;
• potential lender liability issues and lender releases;
• loan rework and the challenges it presents due to the deterioration of borrower credit profiles and property values;
• current issues in the foreclosure confirmations arena;
• release of guarantors under their guaranties;
• sale or transfer of promissory notes and other loan documents to a third party purchaser;
• the effect of a foreclosure on existing leases; and
• questions regarding the viability of landlords from a tenant’s perspective in today’s marketplace. 

 The Commercial Real Estate Show is broadcast online at www.commercialrealestateshow.com or on air at 1190 WAFS Business Radio, Saturdays, 10:00 a.m. EST.