The New York State Supreme Court, County of New York decided in Atlas Brookview Mezzanine LLC v. DB Brookview LLC, on November 18, 2021, that an accommodation pledge entered into in connection with a mortgage loan did not “clog” the borrower’s equity right of redemption.
In our January edition of REF News and Views, we discussed some key recent ESG developments in Europe and the UK in the financial markets. We want to follow this up over the coming months with a series of articles where we consider ESG further by delving deeper into the emergence of “green loans” and the Green Loan Principles − those principles that seek to form the framework of market standards, guidelines and methodology to be adopted across the green loan market.
Leading legal industry publication Law360 recently recognized Cadwalader as a "Practice Group of the Year" for hospitality.
Cadwalader has been shortlisted as one of just four law firms in an inaugural awards program from Real Estate Capital USA, which will acknowledge the organizations and deals that “best represented the U.S. real estate debt market” in 2021.
Here is a rundown of some of Cadwalader's recent work on behalf of clients.