Avoiding a Litigation Nightmare in a Commercial Mortgage Foreclosure
Recently, Morrison Cohen partners Y. David Scharf and Danielle C. Lesser and senior counsel Brett D. Dockwell authored an article in American Banker, examining foreclosures of commercial mortgages. Foreclosure is generally the lender's last resort when a borrower defaults. But when it is necessary, the lender will want to move quickly and cost-effectively. This can be a special challenge if the foreclosure must be effected through the courts. Fortunately, there are some basic precautions lenders can take to help ensure that judicial foreclosures are completed with minimum complication. To learn more, please click here.
Related Practices
Our dynamic bench of business litigators defends corporations and individuals in complex, high-stakes matters in courts throughout the country.
Our real estate litigators are seasoned real estate practitioners equipped to handle even the most complex disputes arising from real estate development or financing transactions.
Our Real Estate Practice is one of New York’s most prominent real estate practices, representing clients in the leasing, purchase, sale, development and financing of commercial, industrial, development and residential properties.
Our Real Estate lawyers represent individual and institutional investors and fund managers in acquiring, restructuring and foreclosing real estate loans, and in selling and leasing acquired properties.
