Andrew McClain

Andrew McClain

Foley & Lardner LLP

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Update to Michigan’s Receivership Act

In 2018, Michigan adopted the Uniform Commercial Real Estate Receivership Act (the “Act”), which only applied to receiverships over commercial real estate. In October 2020, Michigan enacted an amendment to the Act. The...more

12/21/2020  /  Commercial Real Estate Market , Foreclosure , Proposed Amendments
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