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July 29, 2020

Bloomberg Tax

By: Joshua Sohn, Michael J. McCarthy, Daniel H. Lewkowicz, Amanda R. Fick-Cambria *

INSIGHT: UCC Foreclosures, Mezzanine Loans, and Covid-19: What is ‘Commercially Reasonable’ in a Pandemic?

Joshua Sohn, Michael McCarthy, Daniel Lewkowicz and Amanda Fick-Cambria published an article in Bloomberg Tax that discusses if it is possible to conduct a “commercially reasonable” sale during a world-wide pandemic. In the article, the group looks at how a New York court recently answered that question in a mezzanine loan foreclosure.

Click here to read the article.