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Commercial Loans Recourse Proceedings

Polsinelli

The Devil's Dictionary of Bankruptcy Terms: Springing Recourse

Polsinelli on

The "Devil's Dictionary" is a quick-reference guide for commercial lenders and other restructuring professionals. In this series, we highlight many of the buzz words found in the Dictionary and used in today's bankruptcy...more

Baker Donelson

NY Court Rejects Recourse Triggers Accepted in Cherryland and Gratiot

Baker Donelson on

In a prior post (“Emerging Statutory Threats to Recourse Triggers”), we tackled Michigan and Ohio statutes that invalidated non-recourse triggers sprung by certain types of insolvency events. As noted there, the statutes were...more

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