On April 16, 2009, General Growth Properties, one of the largest mall operators in the nation, filed for bankruptcy. That action was followed on June 15, 2009 with the filing of Extended Stay Hotels, the operator of mid-priced hotels. Recently there have been developments in these cases with significant implications for the commercial real estate market.

Please join Mayer Brown attorneys Robert Gordon and Richard Ziegler for our next 30-minute teleconference where they will discuss the recent developments in both the General Growth Properties and Extended Stay Hotels bankruptcies.

Thursday, August 27, 2009
11:00 a.m. - 11:30 a.m. EDT
10:00 a.m. - 10:30 a.m. CDT
8:00 a.m. - 8:30 a.m. PDT
4:00 p.m. - 4:30 p.m. BST

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For additional information, please contact Megan Filotto at mfilotto@mayerbrown.com or +1 312 701 7264.

Mayer Brown's Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm's global resources from multiple practices and offices, the Initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.

Visit Mayer Brown's Financial Market Distress - Resources site for a compilation of links to the latest documents issued by regulatory and other governmental agencies worldwide, and additional commentary by Mayer Brown. Please bookmark it and check back often to stay informed on this rapidly evolving situation.