Over the last three months, Congress has passed major pieces of legislation primarily in response to the COVID-19 pandemic, including the Consolidated Appropriations Act of 2021 (CAA), which was signed into law on December...more
3/31/2021
/ Arrearages ,
Bankruptcy Code ,
Bankruptcy Preferences ,
Commercial Bankruptcy ,
Commercial Tenants ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Customers ,
Landlords ,
Relief Measures ,
Supply Agreements ,
Vendors
On September 1, 2020, the Centers for Disease Control and Prevention (CDC) announced that it was issuing an order (CDC Order) to temporarily halt residential evictions to prevent the further spread of COVID-19. The CDC Order...more
9/10/2020
/ CARES Act ,
Centers for Disease Control and Prevention (CDC) ,
Coronavirus/COVID-19 ,
Eviction ,
Fannie Mae ,
Federal Housing Administration (FHA) ,
Foreclosure ,
Freddie Mac ,
IRS ,
Layoffs ,
Lost Wages ,
Moratorium ,
Out-of-Pocket Expenses ,
Penalties ,
Public Health Service Act ,
Tenants
New York courts have become a battleground for challenges to foreclosure sales under the Uniform Commercial Code (UCC) amidst the COVID-19 pandemic. Another trial court of the New York State Supreme Court (New York County)...more
The COVID-19 pandemic is adversely affecting commercial real estate (CRE) as it continues to wreak havoc in industries throughout the economy. For many years, the primary declining CRE sector has been brick and mortar retail...more
Creditors facing a cascade of distressed credit facilities resulting from the economic fall-out from the COVID-19 pandemic will need experienced counsel at all stages of workouts, from preliminary discussions through the...more