Changing Tides in Guaranty Litigation

As lenders and borrowers navigate this period of rising interest rates and uncertainty in the lending market, lenders are faced with increased pressure to find alternative sources for repayment, including enforcement of the various guaranties which are often present in real estate loans. In looking to enforce these guaranties, lenders have turned to the courts and New York State Civil Practice Law and Rule 3213 for a speedy resolution of such guaranty litigation.

July 18, 2023 at 10:00 AM

5 minute read

Jeffrey B. Steiner

Billy Hildbold