March 18, 2009 | New York Law Journal
FinancingJeffrey B. Steiner and Jason R. Goldstein, members of DLA Piper (US), write: Lenders seeking to enforce their loan documents must examine the circumstances leading to a borrower default carefully. While the principles of law suggest that all defaults are entitled to enforcement, given that foreclosure is an equitable remedy, lenders should consider the relative strength of their argument in light of possible borrower defenses. In many instances, lenders that wait for a 'clean' default will avoid the unnecessary delay caused by a borrower's argument for equitable relief.
By Jeffrey B. Steiner and Jason R. Goldstein
11 minute read
September 21, 2005 | New York Law Journal
Terrorism InsuranceKenneth M. Block and Jeffrey B. Steiner, members of Brown Raysman Millstein Felder & Steiner, write that if the Terrorism Risk Insurance Act is not extended and the cost of terrorism insurance becomes prohibitive, lenders and borrowers may once again find themselves embroiled in controversy over the question of whether governing loan documents require such insurance.
By Kenneth M. Block and Jeffrey B. Steiner
9 minute read
November 16, 2005 | New York Law Journal
Electronic RegistrationKenneth M. Block and Jeffrey B. Steiner, members of Brown Raysman Millstein Felder & Steiner, write that a system used to streamline the mortgage process by using electronic commerce to reduce the deluge of paper utilized in various conveyance transactions may be in danger following a pair of recent court rulings.
By Kenneth M. Block and Jeffrey B. Steiner
10 minute read
July 21, 2010 | New York Law Journal
Current Market Refocuses Attention on 'SNDA' AgreementsIn their Commercial Real Estate column, DLA Piper member Jeffrey B. Steiner and counsel Zachary Samton discuss the Subordination, Non-Disturbance and Attornment Agreement, and the market factors helping SNDAs emerge to a new level of importance in the finance spectrum.
By Jeffrey B. Steiner and Zachary Samton
12 minute read
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