A recent New York State Supreme Court judge has answered the question of whether Governor Andrew Cuomo’s Executive Order 202.8 precluding mortgage foreclosures for ninety (90) days, applies to Uniform Commercial Code (“UCC”)...more
In a related update, we called attention to risks and pitfalls to lenders and lessors when seeking prepayment premiums and other charges upon the occurrence of an event of default: Lenders Beware: Acceleration May Defeat...more
8/25/2019
/ Aircraft Equipment ,
Bankruptcy Court ,
Calculation of Damages ,
Chapter 11 ,
Contract Terms ,
Creditors ,
Debtors ,
Default ,
Equipment Lease ,
Fair Market Value ,
Lessee ,
Lessor ,
Liquidated Damages ,
Uniform Commercial Code (UCC)