Cadwalader allows sharing content.
Email to a friend or colleague:
From
To
Subject
Email The New York State Supreme Court, New York County Commercial Division (the “Court”) decided in U.S. Bank, N.A. v. 342 Property LLC, on February 14, 2022, that a mezzanine lender that is not a party to loan documents that evidence a concurrent mortgage loan does not have standing and, therefore, no basis, to preclude a mortgage lender’s motion for summary judgement in a foreclosure action against a mortgage borrower that is an affiliate of a mezzanine borrower. https://www.cadwalader.com/resources/clients-friends-memos/further-developments-in-mezzanine-foreclosures