Late last year, the New York Supreme Court decided 172 Madison (NY) LLC v. NMP Grp., LLC, in which it examined New York’s one-action rule, a complex and often misunderstood rule that can have huge implications for lenders...more
In this issue:
- Supply Chain Finance as the "New Normal"
- Consumer Financial Protection Bureau Implements Regulations for Covered Mortgage Loans
- Arbitration Guidelines
- Navigating Foreclosure...more
California’s one-action rule and anti-deficiency provisions (together, the "anti-deficiency provisions") protect borrowers that have defaulted on debt secured by real property. Those provisions limit the remedies available...more
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