September 16, 2015 | New York Law Journal
Construction Loan Remedies, and Lender Borrower RelationsIn their Financing column, Jeffrey B. Steiner and Jason R. Goldstein use case law to demonstrate the challenge presented to lenders in the construction financing context to balance the need for frequent communications with the borrower against the risk of such communications becoming discoverable in court proceedings. They further discuss the unique remedies to which borrowers are entitled in the construction loan context.
By Jeffrey B. Steiner and Jason R. Goldstein
9 minute read
September 15, 2015 | New York Law Journal
Construction Loan Remedies, and Lender Borrower RelationsIn their Financing column, Jeffrey B. Steiner and Jason R. Goldstein use case law to demonstrate the challenge presented to lenders in the construction financing context to balance the need for frequent communications with the borrower against the risk of such communications becoming discoverable in court proceedings. They further discuss the unique remedies to which borrowers are entitled in the construction loan context.
By Jeffrey B. Steiner and Jason R. Goldstein
9 minute read
July 15, 2015 | New York Law Journal
Establishing a Lender's Standing to ForecloseIn their Financing Column, Jeffrey B. Steiner and Jason R. Goldstein discuss the state of the law in New York with respect to a lender's standing in a foreclosure action in light of the case 'Aurora Loan Services v. Taylor,' and conclude: By establishing a clear chain of assignments of the note, and by accepting delivery of the original note, a lender should have little difficulty in demonstrating standing.
By Jeffrey B. Steiner and Jason R. Goldstein
9 minute read
July 14, 2015 | New York Law Journal
Establishing a Lender's Standing to ForecloseIn their Financing Column, Jeffrey B. Steiner and Jason R. Goldstein discuss the state of the law in New York with respect to a lender's standing in a foreclosure action in light of the case 'Aurora Loan Services v. Taylor,' and conclude: By establishing a clear chain of assignments of the note, and by accepting delivery of the original note, a lender should have little difficulty in demonstrating standing.
By Jeffrey B. Steiner and Jason R. Goldstein
9 minute read
May 20, 2015 | New York Law Journal
Letters of Credit, Security Deposits and Lender Security InterestsIn their Financing column, Jeffrey B. Steiner and Jason R. Goldstein of DLA Piper discuss the various approaches by which a lender can secure an interest in a letter of credit held by a borrower on account of a tenant security deposit.
By Jeffrey B. Steiner and Jason R. Goldstein
8 minute read
May 20, 2015 | New York Law Journal
Letters of Credit, Security Deposits and Lender Security InterestsIn their Financing column, Jeffrey B. Steiner and Jason R. Goldstein of DLA Piper discuss the various approaches by which a lender can secure an interest in a letter of credit held by a borrower on account of a tenant security deposit.
By Jeffrey B. Steiner and Jason R. Goldstein
8 minute read
March 18, 2015 | New York Law Journal
Guarantor Liability After Lender's Exercise of RemediesIn their Financing column, Jeffrey B. Steiner and Jason R. Goldstein discuss limiting the scope of a guarantor's liability upon a mortgage lender's exercise of remedies and offer a sample provision drafted in a manner that in many circumstances will render it acceptable to a commercial real estate mortgage lender.
By Jeffrey B. Steiner and Jason R. Goldstein
11 minute read
March 17, 2015 | New York Law Journal
Guarantor Liability After Lender's Exercise of RemediesIn their Financing column, Jeffrey B. Steiner and Jason R. Goldstein discuss limiting the scope of a guarantor's liability upon a mortgage lender's exercise of remedies and offer a sample provision drafted in a manner that in many circumstances will render it acceptable to a commercial real estate mortgage lender.
By Jeffrey B. Steiner and Jason R. Goldstein
11 minute read
January 21, 2015 | New York Law Journal
Misrepresentation in Finance AgreementsJeffrey B. Steiner and Jason R. Goldstein of DLA Piper review the different categories of misrepresentation cited by New York courts and draw distinctions between seemingly innocent statements in loan documents as opposed to circumstances where a representing party knew or should have known that their representation was untrue.
By Jeffrey B. Steiner and Jason R. Goldstein
13 minute read
January 20, 2015 | New York Law Journal
Misrepresentation in Finance AgreementsJeffrey B. Steiner and Jason R. Goldstein of DLA Piper review the different categories of misrepresentation cited by New York courts and draw distinctions between seemingly innocent statements in loan documents as opposed to circumstances where a representing party knew or should have known that their representation was untrue.
By Jeffrey B. Steiner and Jason R. Goldstein
13 minute read
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