Insights

EPA Adopts UST Lender Liability Exemption

The United States Environmental Protection Agency (EPA) recently adopted a rule, effective December 6, 1995, specifying the...

How a Residential Foreclosure Law Affects Commercial Lenders

The Fair Foreclosure Act, which becomes effective as to foreclosures commenced from and after Dec. 4, 1995,...

Decisions bring cheers and jeers from lenders

With the work out and foreclosure era winding down, many of the cases filed during that era...

Governor Enacts Accountant's Protective Legislation

Banks and other third parties will have a much more difficult time assert-ing negligence claims against accoun-tants...

Uniform Commercial Code Changes

On October 12, 1994, Governor Whitman signed into effect a bill which enacted Chapter 2A (regulation of...

Listing of Collateral Agent on UCC-1 Financing Statement

In the Ninth Circuit Federal Court of Appeals decision in Chemical Bank v. Security Pacific National Bank,...

Proposed Foreclosure Legislation

The New Jersey legislature is considering several bills which would effect major changes in New Jersey foreclosure...

Assignment of Rents

Whether a debtor has a property interest in rents derived from mortgaged property after the execution of...

Bankruptcy Code Amendments

The Bankruptcy Reform Act of 1994 was recently enacted and is effective as to all cases filed...