Credit: NESPIX/Shutterstock.com To Call or Not to Call (a Non-Monetary Default)?
In their Real Estate Financing column, Jeffrey Steiner and Megan Vallerie discuss the question of whether or not the exercise of remedies by a lender following a non-monetary event of default is enforceable.
January 18, 2023 at 11:42 AM
7 minute read
Although not exactly the question that Hamlet was contemplating, it is one on the minds of many lenders. Perhaps more accurately posed is whether or not the exercise of remedies by a lender following a non-monetary event of default is enforceable.
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