Monthly Archives: August 2020

27 Aug

Biz Brief: What is “Commercially Reasonable” During a Pandemic?

On June 23, 2020, the Supreme Court of New York enjoined a secured creditor from foreclosing on its security interest.  In D2 Mark LLC v. OREI VI Investments LLC, the creditor was attempting to conduct a foreclosure sale on the debtor’s membership interest in the Mark Hotel (a landmark property in Manhattan), after the debtor

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