DLA Piper’s Andrew H. Levy, Joshua S. Sohn and Benjamin M. Keller write: As the fallout from the credit crisis continues, lenders in tiered real estate financing transactions find themselves in disputes with their fellow lenders regarding their respective rights and obligations under the loan documents. One generally overlooked option for resolving these disputes is filing a complaint in a court of proper jurisdiction seeking declaratory judgment as to the rights of the disputing lenders under the loan documents.

Due Process Issues Arise in New York Condemnation Proceedings 

Carter Ledyard & Milburn partner John R. Casolaro explores the application of Due Process principles to various stages of the condemnation process – the public hearing, the issuance of a determination and the acquisition – and discusses the various persons who may be entitled to notice that a property in which they have an interest may be acquired by eminent domain.

New Decision Offers Lessons on Bad Boy Guarantees