New York Commercial Reasonability Standards in UCC Mezzanine Foreclosure Sales During COVID-19

The COVID-19 pandemic has brought with it a host of novel legal issues, and just as nature abhors a vacuum, the legal profession abhors a lack of precedent. A case in point relates to mezzanine loan foreclosure sales under the New York Uniform Commercial Code (UCC). Fortunately, New York courts have provided an initial answer…...
By: Cozen O'Connor

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