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Salvatore Gogliormella

Salvatore Gogliormella

October 20, 2010 | New York Law Journal

Rights and Restrictions in Intercreditor Agreements

Mitchell Berg and Salvatore Gogliormella of Paul, Weiss, Rifkind, Wharton & Garrison write: Restructurings and foreclosures of distressed real estate loans are becoming increasingly important components of the real estate practice. Where those loans form part of a capital structure that combines mortgage debt and one or more tranches of mezzanine debt, it is important for all the lenders to be mindful of the limitations and protections contained in intercreditor agreements.

By Mitchell Berg and Salvatore Gogliormella

12 minute read