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Kramer Levin Naftalis & Frankel LLP | USA | 5 Nov 2020

New York Court of Appeals Distinguishes Marblegate, Holds Majority-Directed Strict Foreclosure Violates Indenture and Minority Noteholders’ Absolute Legal Right to Payment

On October 22, 2020, in a 4-3 opinion, the Court of Appeals for the State of New York held that the right of certain dissenting minority noteholders…

Troutman Pepper | USA | 15 Oct 2020

National Apartment Association Claims Nationwide Foreclosure Freeze Is Unconstitutional

A recently filed lawsuit places renewed scrutiny on the constitutionality of the nationwide residential eviction freeze put in place by the Centers…

Michael Best & Friedrich LLP | USA | 13 Oct 2020

Can You Purchase Real Estate Safely from Bankruptcy, Foreclosure, or a Receiver?

Yes, but only if it is done carefully. All three of these options are procedures intended to secure the most money from the sale for the payment of…

Bradley Arant Boult Cummings LLP | USA | 7 Jul 2020

Update on Texas Foreclosures Given Statewide Rise in COVID-19 Cases

As we previously reported in April, Texas’s initial approach to foreclosures in light of the coronavirus was “ad hoc” and the decision whether to…

Mintz | USA | 7 May 2020

UPDATED: New York State Stays Evictions and Foreclosures Due to the COVID-19 Pandemic

Recent Executive Orders by New York Governor Cuomo and Administrative Orders by the New York State courts effectively have stayed the enforcement of…

Greenberg Traurig LLP | USA | 1 May 2020

Moratorium on Evictions and Foreclosures in Massachusetts During the COVID-19 Emergency

On April 20, 2020, Massachusetts Governor Charlie Baker signed legislation suspending evictions of many residential and commercial tenants as well as…

Hogan Lovells | Russia | 1 May 2020

Russian insolvency moratorium - issues to consider

In light of the coronavirus pandemic, the Russian Federal Law "On Insolvency (Bankruptcy)" (the "Bankruptcy Law") has been amended to allow the…

Mintz | USA | 20 Apr 2020

Governor Baker Signs Legislation Creating a Temporary Moratorium on Evictions: What Commercial Landlords Need to Know

Among other restrictions, the Act imposes significant limitations on landlords’ rights and remedies with respect to commercial tenants occupying a…

Kilpatrick Townsend & Stockton LLP | USA | 29 Mar 2020

CARES Act | Foreclosure Moratorium and Consumer Right to Request Forbearance

The federal CARES Act contains several provisions that provide assistance for borrowers of Federally backed mortgage loans who are experiencing…

TALG | USA | 26 Mar 2020

The Covid-19 pandemic’s effect upon foreclosures and evictions

As the personal and financial toll of the COVID-19 pandemic spreads, federal, state and city governments are cracking down on their citizens’…
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