July 23, 2015 | New York Law Journal
Appellate Decision Unwinds Foreclosure PurchaseRichard S. Fries and Todd B. Marcus write: It is well-settled that a purchaser of real property takes title subject to the outcome of a lawsuit of which that purchaser has actual knowledge. It is equally well-settled that this rule does not apply to appeals. Until now.
By Richard S. Fries and Todd B. Marcus
12 minute read
July 22, 2015 | New York Law Journal
Appellate Decision Unwinds Foreclosure PurchaseRichard S. Fries and Todd B. Marcus write: It is well-settled that a purchaser of real property takes title subject to the outcome of a lawsuit of which that purchaser has actual knowledge. It is equally well-settled that this rule does not apply to appeals. Until now.
By Richard S. Fries and Todd B. Marcus
12 minute read
March 14, 2011 | New York Law Journal
Residential Mortgage ForeclosureRichard S. Fries, Todd B. Marcus and Brian A. Katz of Bingham McCutchen discuss the enforcement challenges that residential mortgage lenders face, including defaulting borrowers, a skeptical and activist judiciary, and regulators, offer some practical legal solutions for these issues.
By Richard S. Fries, Todd B. Marcus and Brian A. Katz
16 minute read
March 15, 2010 | New York Law Journal
A Primer on Today's Commercial Loan Forbearance AgreementRichard S. Fries and Todd B. Marcus, partners in Bingham McCutchen, write: In any loan workout, the parties need to reconcile, amicably, their contrary objectives (the borrower seeks time, equity in the project and release of personal liability; the lender seeks payment, finality and predictability). The forbearance agreement is an important, sometimes dispositive, step in this process.
By Richard S. Fries and Todd B. Marcus
15 minute read
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