LJN Newsletters

Receivership is a frequently used remedy for lenders faced with defaulted loans collateralized by income-producing properties, such as shopping centers.

ALM, publisher of Law Journal Newsletters has named Bill Carter its president and chief executive officer.

An important planning board case.

A look at several key cases.

Decision of note.

In-depth analysis of a recent key ruling.

The decision of the New York Supreme Court in Bank of America, N.A. v. PSW NYC LLC garnered national attention in 2010. The court ruled that, under the terms of an Intercreditor Agreement in common use in complex real estate loans across the United States, a mezzanine lender could not exercise its rights against its collateral without first paying off senior debt. Now the issue is causing a stir in the Arizona desert.

Analysis of a recent important ruling.