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

Jeffer Mangels Butler & Mitchell LLP
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USA
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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

Double bogie: bank's security interest in green fees cut off by club's cankruptcy

Jeffer Mangels Butler & Mitchell LLP
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USA
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January 15 2013

Are golf course revenues "rents"? A golf course may look like a solid piece of collateral. After all, golfers will pay good money to play and the

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

Jeffer Mangels Butler & Mitchell LLP
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USA
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December 8 2012

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

Short sale legislation progress report: legislation to correct misguided statute enacted to govern short sales

Jeffer Mangels Butler & Mitchell LLP
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USA
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March 15 2011

Last year, the California Legislature enacted a statute that prohibits a deficiency judgment under a note secured by a first deed of trust against a dwelling of not more than four units that is sold at a short sale with a written consent of the lender

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
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USA
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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

What every hotel lender needs to know about HMAs and hotel franchise agreements

Jeffer Mangels Butler & Mitchell LLP
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USA
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August 17 2011

Hotel lending involves more lending to an operating business than lending to an owner of most types of commercial real property

5 things to remember when buying hotel notes

Jeffer Mangels Butler & Mitchell LLP
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USA
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March 13 2012

The hotel industry experts have published their forecasts for 2012 and they seem to agree on the following two predictions

The Americans with Disabilities Act and your retail properties and services

Jeffer Mangels Butler & Mitchell LLP
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USA
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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

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

Jeffer Mangels Butler & Mitchell LLP
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USA
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August 18 2011

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

What every hotel lender needs to know about cash controls

Jeffer Mangels Butler & Mitchell LLP
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USA
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August 24 2011

In a post-foreclosure scenario, the hotel lender has to take over the hotel and make certain it controls all hotel revenues

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