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Jeffrey B. Steiner

Jeffrey B. Steiner

September 16, 2015 | New York Law Journal

Construction Loan Remedies, and Lender Borrower Relations

In 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 Relations

In 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 Foreclose

In 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 Foreclose

In 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 Interests

In 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 Interests

In 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 Remedies

In 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 Remedies

In 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 Agreements

Jeffrey 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 Agreements

Jeffrey 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