Gregory Fox

Gregory Fox

Lane Powell PC

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Washington Supreme Court Affirms Washington Federal v. Gentry and Confirms Lenders’ Right to Obtain Deficiency Judgments Against...

The Washington Supreme Court issued an opinion today affirming the right of a lender to obtain a deficiency judgment against a commercial guarantor following a nonjudicial foreclosure. Divisions One and Two of the Washington...more

1/9/2015 - Banking Sector Banks Commercial Loans Construction Industry Deed of Trust Deficiency Judgments Foreclosure Guarantors Lenders Real Estate Development Real Estate Investments Secured Lenders

Lean Six Sigma: Are You and Your Vendors Sufficiently Focused on Process Improvement?

Every commercial enterprise employs processes in its day-to-day operations, from a manufacturer that produces widgets to a service provider who provides professional advice. Some of these processes may lead to Aristotle’s...more

8/28/2014 - Manufacturers Process Improvement

Washington Court of Appeals Confirms Lenders’ Right to Obtain Deficiency Judgments Against Guarantors Following Nonjudicial...

The Deed of Trust Act generally bars a lender from seeking a deficiency judgment against a borrower following nonjudicial foreclosure of a deed of trust securing the borrower's loan. The Act contains some exceptions in the...more

3/3/2014 - Deed of Trust Foreclosure Mortgages

Lessons From the Wake of Economic Collapse: Avoiding Personal Liability in Loan Origination and Restructuring

Although today’s lending economy continues to follow a fairly steady path toward stability, the recent economic downturn has given rise to an increasing number of lawsuits by the Federal Deposit Insurance Corporation (“FDIC”)...more

7/5/2013 - Debt Restructuring Economic Downturn FDIC Financial Institution Liability Loans Personal Liability Restructuring

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