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When the Workout Doesn't Work—Enforcement of Commercial Mortgage Loans in California (Part 3: One Action Rule and Anti-Deficiency...

California's one action rule and anti-deficiency protections, together with the related fair value limitations, are procedural rules with substantive effects that establish limitations on the manner of enforcing rights and...more

When the Workout Doesn't Work—Enforcement of Commercial Mortgage Loans in California (Part 2: Foreclosures)

As discussed in Part 1 of this series, the vast majority of California commercial mortgage loan foreclosures are conducted non-judicially. Accordingly, this Legal Update will not address judicial foreclosures. ...more

When the Workout Doesn't Work—Enforcement of Commercial Mortgage Loans in California (Part 1: Foreclosures)

Borrowers and lenders will continue to struggle with the economic consequences and challenges presented by the COVID-19 pandemic for some time. ...more

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