What's Happening?
Honigman LLP has announced the return of Kasturi Bagchi as a partner in its transactional and real estate finance practice group. Bagchi, who previously spent eight years with Honigman, rejoins the firm
from Miller Canfield. Her role involves managing risks for clients in loan, real estate, and other asset-based transactions. Additionally, she provides counsel to lenders on mortgage loans, note purchases, and note financings aimed at helping distressed borrowers avoid foreclosure. This move is part of Honigman's strategy to strengthen its real estate department in Bloomfield Hills, Michigan.
Why It's Important?
The rehiring of Kasturi Bagchi by Honigman underscores the competitive nature of the legal industry, particularly in the real estate finance sector. Her expertise in managing complex financial transactions and advising on distressed assets is crucial as the real estate market faces ongoing challenges. This move could enhance Honigman's ability to attract and retain clients seeking sophisticated legal solutions in real estate finance. It also highlights the firm's commitment to expanding its capabilities and maintaining a strong presence in the Michigan legal market.
