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From Lorman Education Services
Commercial Foreclosure Due Diligence Checklist: What to Do Before, During and After Foreclosure
...e parties not be able to restructure the loan, the lender faces the options of foreclosing on the property, taking a deed in lieu of foreclosure or exercising other remedies that may be available to it. But these steps pose additional concerns that the lender must address, including potential lender liability claims. In addition, the borrower may file for bankruptcy at any time. And as more and
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Commercial Foreclosure Due Diligence Checklist: What to Do Before, During and After Foreclosure
...e parties not be able to restructure the loan, the lender faces the options of foreclosing on the property, taking a deed in lieu of foreclosure or exercising other remedies that may be available to it. But these steps pose additional concerns that the lender must address, including potential lender liability claims. In addition, the borrower may file for bankruptcy at any time. And as more and
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Cumulative Impact Claims
nCumulative impact claims may be one of the more common occurrences on projects with multiple changes over the course of the project. However, cumulative impact claims may be one of the most difficult claims to present and prove at trial or in arbitration. Evidentiary issues, logistics of proving what the cumulative impact was and proving damages can prove to be very difficult. Defenses to
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Current Trends in Transit-Oriented Development
...faces the most severe economic recession since the Great Depression, one sector of real estate - transit-oriented development - is situated to protect investors from the economic downturn and deliver attractive long-term profits. TOD provides a new investment opportunity for both the public and private sectors as our cities are faced with the challenges of rapid price fluctuations in oil,
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Challenges and Contractual Issues With Sub-Subcontractors
...faces unique challenges and concerns - from dealing with a bid process that can lock in a bidding subcontractor without any written agreement, to subcontractor form contracts that are written largely, if not entirely, in favor of the general contractor. In addition to concerns in bidding and contract formation, a subcontractor must constantly evaluate and preserve its relationship with the
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