The New York State Supreme Court, New York County Commercial Division (the “Court”) decided in U.S. Bank, N.A. v. 342 Property LLC,1 on February 14, 2022, that a mezzanine lender that is not…
Tag: Court
High Court considers termination and enforcement of security rights in context of default on loan agreement
The High Court has found in favour of a lender in its claim against a dissolved airline business for sums due under a loan facility agreement (which was secured by…