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Second Circuit Affirms Dismissal of Claims Alleging “Loan-to-Own” Scheme

On June 17, 2024, the U.S. Court of Appeals for the Second Circuit affirmed the dismissal of a developer’s “loan-to-own” claims against a bridge lender. As we reported in previous editions (here and here), after Georgia-based...more

Middle District of Tennessee Dismisses Claims Against Lender for Refusal to Consent to Borrower’s Sale

On May 9, 2022, the U.S. District Court for the Middle District of Tennessee dismissed a would-be purchaser’s claims against the would-be seller’s lender arising from the lender’s refusal to consent to the sale. Ruby Tuesday,...more

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