In Part II, Charles Aster discussed how the borrower needs to approach the initial meetings with the lender when its CRE loan is in the near future maturing and the borrower needs a loan extension or restructuring. The borrower needs to understand the […]
In Part I of this three-part blog on meeting with your lender, Charles Aster discussed the new June 2023 Policy Statement (the "2023 Fed Policy Statement") issued by the Federal Banking Authorities (the “Feds”), the upcoming […]
As discussed in previous blogs regarding the $4-5 Trillion of office mortgage loans maturing in 2024 and 2025, the Federal Banking Authorities (the “Feds”) have foreseen, in their new June 2023 Policy Statement (the "2023 Fed Policy […]
Kathryn Laflin discusses the Texas Supreme Court's recent decision that a subsequent purchaser of a home was required to arbitrate her claims against the builder for alleged construction defects. Read the full blog post here.
The Corporate Transparency Act ("CTA") directs the Financial Crimes Enforcement Network ("FinCEN") to establish and maintain a national registry of corporate beneficial ownership information ("BOI"). The CTA is comprised […]
A little over two months ago, the federal banking authorities (Feds) issued a new Policy Statement, a re-vamp and expansion of the 2008 “extend and hold” or “pretend and extend” policy that emerged from the 2008 Bank Liquidity […]
A little over two months ago, the federal banking authorities (Feds) issued a new Policy Statement, a re-vamp and expansion of the 2008 “extend and hold” or “pretend and extend” policy that emerged from the 2008 Bank Liquidity […]
The Corporate Transparency Act's (CTA) Final Rule has been enacted. Beginning on January 1, 2024, the CTA will be enforceable against all reporting companies, beneficial owners, and applicants. Attorneys, accountants, bankers, and financial consultants […]
Under the Texas Dram Shop Act (the “Act”), bars and restaurants can be held liable if they provide, sell, or serve alcohol to a person who is obviously intoxicated to the extent that he presents a clear danger to himself and others, and that […]
A little over two months ago, the federal banking authorities (Feds) issued a new Policy Statement, a re-vamp and expansion of the 2008 “extend and hold” or “pretend and extend” policy that emerged from the 2008 Bank Liquidity […]
The Corporate Transparency Act (“CTA”) establishes uniform beneficial ownership information reporting requirements for certain types of entities created in or registered to do business in the United States. As part of this legislation, the […]
A little over two months ago, the federal banking authorities (Feds) issued a new Policy Statement, a re-vamp and expansion of the 2008 “extend and hold” or “pretend and extend” policy that emerged from the 2008 Bank Liquidity […]