19 Nov, 2024 Goulston & Storrs Real Estate Attys Talk Distress Playbook By Zev Gewurz Frank Ditta As commercial real estate distress continues to play out, attorneys are seeing lenders adopt new strategies to save or reduce their...
30 Oct, 2024 Commercial foreclosures rise as lenders approach 'inflection point' By Douglas Rosner Commercial foreclosure activity across the nation crept up last month despite more positive sentiments across the commercial real estate...
30 Oct, 2024 Mitigate Risks of Lender Liability Claims When Reworking Troubled CRE Loans By Charles Jacob III I recently had the opportunity to present during a Strafford CLE webinar on strategies for mitigating the risks of lender liability...
25 Sep, 2024 Different Sectors, Same Page By George Evans I recently attended the IMN Distressed CRE Forum in New York, alongside my colleagues Brian Cohen, Zev Gewurz and Doug Rosner. It was...
16 Sep, 2024 Navigating Lender Liability Complexities & Minimizing Risk By Zev Gewurz Jaclyn Grodin Charles Jacob III Douglas Rosner Adam Safer Eric Seltzer +3 more... Show less As lenders and borrowers try to get creative in working through ongoing distress in the real estate market, especially in certain asset...
24 Jul, 2024 Is It Me? When CRE Loans Get Personal By Douglas Rosner Timothy John Carter Jonathan Hayden Paige Marshall Elijah McDonnaugh +2 more... Show less Savvy commercial real estate (CRE) borrowers and lenders seeking to minimize downside exposure pay close attention to the triggers for...
23 Jul, 2024 Eyes Wide Open to Experiential Learning By Jaclyn Grodin Experiential learning can be transformative for law students who incorporate career clinics, externships, and internships as part of...
12 Jun, 2024 Commercial Real Estate Note Purchases: Lender’s Loss, Investor’s Gain By Timothy John Carter Frank Ditta Zev Gewurz Jonathan Stein +1 more... Show less In this ongoing article series with Citybiz, members of the Goulston & Storrs Commercial Real Estate Workouts Group keep you up to date...
22 Apr, 2024 Help, the Lenders Are Fighting Again: Creditor Violence Driving Demand in Bankruptcy, Litigation Practices By Timothy John Carter Corporate restructurings are on the rise in 2024, as a slow burn of delayed insolvency from the COVID-19 pandemic works its way into...
01 Feb, 2024 Lenders Seek to Avoid Creditor Violence By Timothy John Carter Pamela MacKenzie James Wallack As U.S. businesses face ongoing economic headwinds, commercial lenders are acting more aggressively to reduce their exposure to rogue...
24 Jan, 2024 WeWork Wrestles to Amend Leases as Landlords Seek Clarity on Restructuring Plan By Douglas Rosner WeWork entered bankruptcy looking to reject or amend leases that were fueling billions of dollars in losses at the flexible-workspace...
18 Jan, 2024 Thriving in 2024: Brick-and-mortar retail is back in fashion By Brendan Smith Jennifer Jones Karen O'Malley Lawrence Ferris +1 more... Show less As keen observers are already aware, reports of the “death of brick-and-mortar” retail have been greatly exaggerated. Neither the...
09 Jan, 2024 NY Courts Revisit CPLR 3213 Statute’s Applicability to “Bad Boy” Guarantees By Adam Safer Financial institutions seeking to recover on promissory notes and unconditional guarantees can often obtain quick relief from CPLR 3213,...
03 Jan, 2024 Foreclosure And Deficiency Judgments In Massachusetts And New York: Two States, Two Very Different Processes By Alexander Berger Charles Jacob III Rajinder Saini You just finished the foreclosure process but the asset securing the loan was not worth enough to recover the entire amount of the debt....
27 Dec, 2023 Keeping the Lights On: Payment of Operating Expenses After an Event of Default By Andrew Bensson Kimberly Yeager Craig Todaro When an event of default occurs under a mortgage loan, the lender’s first thought might be, “How will we get repaid?”, while the...
21 Dec, 2023 Must Lenders Negotiate Post-Borrower CRE Default? By Andrew Baldizon Charles Jacob III With rising interest rates, the economic slowdown, and an uptick in distressed real estate, commercial borrowers and lenders are...