Aug 15, 2018
Cadwalader advised Wells Fargo Bank, N.A. as lender in a $120 million mortgage loan secured by 4 Union Square South, a retail property in the Union Square neighborhood of Manhattan that is owned by Vornado Realty Trust. The loan includes approximately $7.2 million in new financing; the remainder is assumption and refinancing of pre-existing debt at the property.
The Cadwalader team was led by real estate partner Holly Marcille Chamberlain, and included senior counsel James Carroll and special counsel Christopher Dickson.
The Bank of England has initiated a review of its own exposure to LIBOR,
Scott Cammarn, Jonathan Watkins, Mark Chorazak, Aaron Lang
On 7 June 2019, Regulation (EU) 2019/876 (CRR II) was published in the Official Journal of the EU.