Billy Hildbold

July 18, 2023 | New York Law Journal

As lenders and borrowers navigate this period of rising interest rates and uncertainty in the lending market, lenders are faced with increased pressure to find alternative sources for repayment, including enforcement of the various guaranties which are often present in real estate loans. In looking to enforce these guaranties, lenders have turned to the courts and New York State Civil Practice Law and Rule 3213 for a speedy resolution of such guaranty litigation.

By Jeffrey B. Steiner and Billy Hildbold

5 minute read

March 14, 2023 | New York Law Journal

One of the most powerful lender rights is the appointment of a receiver to monitor and marshal the collateral as necessary. Recently, this right has been called into question in a recent slip opinion in Wells Fargo Bank, N.A. v. JTRE 240 E. 54th St., discussed here.

By Jeffrey B. Steiner and Billy Hildbold

5 minute read