On October 5, 2023, the First Department of New York’s Appellate Division limited the ability of borrowers to use a claim for breach of the implied covenant of good faith and fair dealing as a club to prevent lenders from...more
Due to the novel coronavirus outbreak, the hospitality industry is potentially facing its worst crisis since the September 11, 2001 terrorist attacks. In response to the continuing outbreak, major companies have announced...more
3/11/2020
/ Borrowers ,
Coronavirus/COVID-19 ,
Financial Services Industry ,
Hospitality Industry ,
Hotel Management Agreements ,
Hotels ,
Infectious Diseases ,
International Travel ,
Loan Documentation ,
Performance Standards ,
Tourism ,
Traveling Employee