X
27Oct

Distressed Real Estate During COVID-19: Mezzanine Loans Behind Construction Loans—Special Considerations and Intercreditor Agreement Provisions

Construction loans with companion mezzanine loans raise a host of concerns that are unique to more standard ICAs between a mortgage lender and a mezzanine lender. An intercreditor agreement (ICA) involving a construction loan raises a host of complicated and unique issues that are not addressed in the typical ICA....
By: Pillsbury Winthrop Shaw Pittman LLP
Source Url: https://www.jdsupra.com/legalnews/distressed-real-estate-during-covid-19-15036/

Related

UK Takeover Panel's Code Committee Proposes Changes to Treatment of Offer Conditions and Offer Timetable

The Code Committee ("Code Committee") of the UK Takeover Panel ("Panel") has published a consultatio...

Read More >

[Audio] Will COVID-19 Qualify as a ‘Material Adverse Effect’?

The pandemic and associated lockdown orders changed economic projections virtually overnight. As a r...

Read More >

The Supreme Court - December 18, 2019

Today, the Supreme Court of the United States granted certiorari in the following cases: Our Lady o...

Read More >

IRS Publishes 2019 Required Amendments List for Individually Designed Plans

For plan sponsors continuing to maintain individually designed plan documents, the IRS provides an a...

Read More >

Note stashed in Christmas card connected to alleged forced labor

Report on Supply Chain Compliance 3, no. 1 (January 9, 2020) - A young girl in the United Kingdom f...

Read More >

Pensions in Dispute - August 2019

Welcome to our quarterly pensions litigation briefing, designed to help pensions managers identify k...

Read More >