News & Analysis as of

Foreclosure › Business Closures

Foreclosure is a legal process whereby a lender seeks to force the sale of a mortgaged property in order to recover the balance of a delinquent loan. Recently, the foreclosure process has been the subject of... more +
Foreclosure is a legal process whereby a lender seeks to force the sale of a mortgaged property in order to recover the balance of a delinquent loan. Recently, the foreclosure process has been the subject of greater legislative and judicial scrutiny after systemic abuses were uncovered during the widespread foreclosure crisis resulting from the Great Recession. less -
Lowenstein Sandler LLP

Bankruptcy Courts Need Tools To Help Real Estate Debtors

Lowenstein Sandler LLP on

It has been quite the year. We are experiencing a once-in-a-lifetime economic recession as a result of a pandemic, and we are not done yet. There appears to be a time lag between the pandemic and its fully felt impact on real...more

Pillsbury Winthrop Shaw Pittman LLP

Georgia Orders Residents and Visitors to Shelter in Place

Pillsbury Winthrop Shaw Pittman LLP on

Governor Kemp orders Georgia residents and visitors to shelter in place and limit social interaction for 10 days. By executive order, Georgia Governor Kemp issued a statewide 10-day shelter-in-place order, from April 3,...more

Greenberg Glusker LLP

Real Estate Implications of the CARES Act

Greenberg Glusker LLP on

While the federal government’s recently-enacted $2 trillion-dollar stimulus package under the CARES Act provides direct relief to individuals, multi-family borrowers with federally-backed mortgages, and various hard-hit...more

Dentons

Iowa Real Estate Transactions and COVID-19

Dentons on

Below is the latest information regarding the effect that the COVID-19 pandemic is having on real estate transactions in Iowa. Foreclosures: All residential, commercial, and agricultural foreclosure and forfeiture...more

Butler Snow LLP

Georgia COVID-19 Response Updates

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March 20, 2020 - Georgia - Governor Kemp signed an order reducing various regulations to assist in the response and also authorized a transfer of approximately $19.5M from the Governor’s Emergency Fund. March 19,...more

Pierce Atwood LLP

New Hampshire Governor Issues COVID-19 Emergency Orders

Pierce Atwood LLP on

Since declaring a state of emergency related to the Novel Coronavirus (COVID-19) pandemic, New Hampshire Governor Christopher Sununu has issued 10 orders pursuant to that declaration....more

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