In an effort to protect small businesses from high rents, on June 13, both houses of New York's legislature passed a bill, S1163, that prohibits "rent minimums" in real estate secured loan documents. As of this writing, this...more
7/25/2025
/ Borrowers ,
Commercial Leases ,
Financial Services Industry ,
Landlords ,
Lenders ,
Loan Documentation ,
Loans ,
Mortgages ,
New York ,
Pending Legislation ,
Real Estate Transactions ,
Regulatory Agenda ,
Rent ,
Rental Property ,
Rental Rates ,
Small Business ,
State Legislatures
On June 13, both houses of New York's legislature passed a bill, S1163, that prohibits "rent minimums" in real estate secured loan documents....more
7/18/2025
/ Borrowers ,
Consumer Financial Products ,
Contract Terms ,
Financial Services Industry ,
Landlords ,
Lenders ,
Loan Documentation ,
Loans ,
Mortgages ,
New York ,
Pending Legislation ,
Public Policy ,
Real Estate Market ,
Real Estate Transactions ,
Regulatory Agenda ,
Regulatory Reform ,
Rent ,
State and Local Government
On October 18, 2021, New York Attorney General Letitia James directed two virtual currency lending platforms to immediately cease their unregistered and allegedly unlawful activities in New York and sent letters to three...more
10/29/2021
/ Cryptocurrency ,
Decentralized Finance (DeFi) ,
Enforcement Actions ,
Financial Markets ,
Financial Services Industry ,
Lenders ,
New York ,
Regulatory Violations ,
Securities Transactions ,
Stablecoins ,
State Attorneys General ,
Virtual Currency