Jared Kushner, the 25-year-old son of disgraced New Jersey real estate baron Charles Kushner, has bought The New York Observer, one of the elder Kushner's biggest critics. The Kushner... Continue reading
By Edward Schneidman, Michael Blair and David Malinger, Mayer Brown
Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.
Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'