Financial Services & Restructuring Communiqué

A pen sits over top a budget sheet

May 21, 2021

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Lessons for lenders: Personal knowledge and addressing the evidentiary burden remains key

Bryan Hosking, Spencer Norris, Kenneth R. Rosenstein

Introduction It is common for a special loans officer of a secured lender to swear an Affidavit on behalf of their financing institution in connection with enforcement proceedings.  However, a recent Master’s decision, Meridian OneCap Credit Corp v Nikos Directional...

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