We represented a major financial institution in a vigorously contested tax lien foreclosures motion pending in New York State courtroom; we previously represented the shopper in different vital financial litigation. Our development litigators defend against claims alleging failure to design and assemble initiatives in compliance with handicapped accessibility legal guidelines, together with the Americans with Disabilities Act and Fair Housing Act. We additionally work with purchasers on growing particular language and certifications for the construction contracts, new procedures for third-party consulting on the difficult accessibility necessities, and a process for evaluating compliance and corrective work for completed projects. Represented the lead bank and administrative agent in a $600,000,000 credit score facility made obtainable to an international government contractor.
Commercial Finance Attorneys Serving Maryland, Virginia, And Washington Dc
Represented a business lender on the simultaneous closings of three mortgage loans in Maryland to finance the acquisition of three industrial properties by a New Jersey primarily based firm that’s expanding its reach in the mid-Atlantic region. This transaction followed the group’s profitable illustration of this shopper in amending this borrower’s $40 million enterprise line of credit score. Our attorneys have experience with relevant points from actual property to securities, with lenders and enterprise capital funds, and with transferring the transaction from dedication to closing. Our group of experienced trial legal professionals has successfully recovered nicely over 100 million dollars on defaulted loans and foreclosed and obtained title to many, highly-valued commercial properties.
Business Foreclosures, Then Negotiation & Documentation Of Work
We represented a condominium developer in an important case of first impression in Pennsylvania affirming the developer’s proper to proceed to control unallocated parking areas after control of the affiliation’s executive board has handed to the unit owners. In a case of nationwide significance, we obtained preliminary and permanent injunctions stopping the mezzanine lender from foreclosing on a serious luxury resort in derogation of the rights of the senior lender. May 26, 2020The SBA just lately released its mortgage forgiveness application for the Paycheck Protection Program (“PPP”) underneath the The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”).