Foreclosing on commercial loans can be a dicey proposition these days, with banks often being greeted by lender-liability counterclaims alleging that borrowers and guarantors were fraudulently induced into executing loan documents and otherwise treated unfairly along the way by …
Can a Court Give a Receiver Authority to Borrow Money and Grant Priority over Prior Mortgage Liens?
Tasked to serve as a receiver with all aspects of property operations and management in a foreclosure action filed by a bank against a condominium, Colliers International, Inc. faced a hefty shortage of funds. Unable to pay current and future debts of the condominium for which it …
John McGarvey to Present Banking Law Updates at KBA Spring Conference
John McGarvey will review pressing banking law updates at the 2013 Kentucky Bankers Association Spring Conference in Lexington, Ky. Join us to hear McGarvey speak about recent court decisions and regulatory news affecting the banking industry. Banking Law Update: Recent …
