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Financial Covenants in Non-Recourse Carveout Guaranties
October 16, 2013 Read the article
Real estate partners Mitchell Berg and Peter Fisch's Transactional Real Estate column appeared in the October 16 issue of the New York Law Journal. The article, "Financial Covenants in Non-Recourse Carveout Guaranties," discusses the increasing presence of financial covenants in non-recourse carveout guaranties supporting commercial real estate loans, and provides analysis of some of the issues that come up in negotiating these covenants. Counsel Manuel Lauredo co-authored this month's article.