The New York State Supreme Court, County of New York (the “Court”) decided in Atlas Brookview Mezzanine LLC v. DB Brookview LLC, on November 18, 2021, that an accommodation pledge entered…
Tag: Developments
Further Developments in Mezzanine Foreclosures | Cadwalader, Wickersham & Taft LLP
The New York State Supreme Court, New York County Commercial Division (the “Court”) decided in U.S. Bank, N.A. v. 342 Property LLC, on February 14, 2022, that a mezzanine lender that…
NYC Supreme Court Addresses Mezzanine Foreclosures Developments
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…