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Results: 1-10 of 23

The significance of a security interest in proceeds

  • Jeffer Mangels Butler & Mitchell LLP
  • -
  • USA
  • -
  • July 21 2014

In equipment leasing (and other secured transactions), the Security Agreement and financing statement (UCC-1) typically include at the end of the

It's important to record the trustee's deed promptly after foreclosure

  • Jeffer Mangels Butler & Mitchell LLP
  • -
  • USA
  • -
  • September 13 2011

The United States Bankruptcy Court for the Central District of California recently held that the filing of a bankruptcy petition by a borrower can void a trustee sale even where the petition is filed after the trustee sale, so long as the borrower files the petition before the execution of the trustee's deed upon sale

Hotel lending lawyer: what every hotel lender needs to know about SNDAs

  • Jeffer Mangels Butler & Mitchell LLP
  • -
  • USA
  • -
  • August 18 2011

Recently one of my partners asked me to review an SNDA signed by a reputable real estate lender

Buying a hotel? Financing a hotel? 10 things every borrower should know (Part 2)

  • Jeffer Mangels Butler & Mitchell LLP
  • -
  • USA
  • -
  • December 13 2012

The loan documents may restrict the borrower from having any indebtedness other than the mortgage loan, with an exception for a limited amount of accounts payable that may be outstanding for a short time (consistent with the normal payment cycle -- such as 60 days), as long as the indebtedness is not evidenced by a promissory note

The importance of comfort letters in financing franchised hotels

  • Jeffer Mangels Butler & Mitchell LLP
  • -
  • USA
  • -
  • March 7 2014

Comfort letters are more important than ever as franchising continues to be a dominant form of branding hotels. As many of our recent Articles have

Class action defense cases - Pineda v. Williams-Sonoma: California Supreme Court holds ZIP codes constitute “personal identifiable information” within meaning of California’s Song-Beverly Act

  • Jeffer Mangels Butler & Mitchell LLP
  • -
  • USA
  • -
  • March 24 2011

Plaintiff filed a putative class action against retailer Williams-Sonoma alleging that it violated California's Song-Beverly Credit Card Act of 1971 (one of the State's consumer protection statutes) by asking her for her ZIP code at the time of her purchase

Credit card fees and the hospitality impact of the Durbin Amendment

  • Jeffer Mangels Butler & Mitchell LLP
  • -
  • USA
  • -
  • August 24 2012

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 certainly sparked fierce debate about government regulation, consumer choice, innovation and entrepreneurship

The Americans with Disabilities Act and your retail properties and services

  • Jeffer Mangels Butler & Mitchell LLP
  • -
  • USA
  • -
  • February 15 2011

The Americans with Disabilities Act and your retail properties and services In addition to compliance with financial and securities regulations, financial institutions must also be mindful of laws and regulations affecting a financial institution's responsibilities to disabled Americans

Concerns over a real estate bubble in China

  • Jeffer Mangels Butler & Mitchell LLP
  • -
  • China, USA
  • -
  • June 15 2014

For decades, China was referred to as the "sleeping giant." This reference is to the great potential impact of the country, its vast population, and

Buying a hotel? Financing a hotel? 10 things every borrower should know. (part 1)

  • Jeffer Mangels Butler & Mitchell LLP
  • -
  • USA
  • -
  • December 8 2012

Hotels are operating businesses, but for lending purposes, hotels have traditionally been financed as real estate