The final segment of Stan Gibson’s series on Litigation Readiness and Electronic Discovery addresses the practical problem of assembling and collecting all of the data needed for use in the lawsuit. Stan’s point is that advance preparation, a luxury in today’s fast-paced, cost conscious world, pays dividends when a lender is faced with short time […]
Stan Gibson returns to the Special Assets Lawyer Blog with the third segment of his important series on Litigation Readiness and Electronic Discovery. In his last segment, Stan Gibson explained why it is so crucial to quickly locate and preserve the bank’s records by implementing a Litigation Hold. This time, Stan explains what a Data […]
Stan Gibson’s timely series on Litigation Readiness and Electronic Discovery continues with an explanation of the vital “Litigation Hold” process, what it is and how it is implemented. Stan is co-chair of JMBM’s E-Discovery Group, and at my request, is sharing his wealth of knowledge with our readers in a four-segment series. Members of the […]
E-discovery, or electronic discovery, has come to California’s court system. Given our litigious society, there is a good chance that your bank or financial institution will soon be responding to requests for e-discovery. Litigation is never the process of choice, but as all workout professionals know, there are times when the only way to collect […]
Thousands of motor vehicles dealerships will fail before the restructuring of the auto industry is over. Clients of the JMBM Special Assets Team™ are facing significant potential losses on loans to dealerships and property owners as these once-thriving local businesses fall on hard times, fail and close. As in every crisis, a calm, guiding hand […]
With great fanfare, the California Legislature passed a bill in 2008 that amends the State’s Elder Abuse Law. Neither the legislators nor Governor Schwarzenegger must have paid much attention to this legislative travesty, given the ongoing budget crisis, because this bill is a real doozy. No one wants to see financial abuse of the elderly, […]
Welcome to SpecialAssetsLawyer.com, a place where problem loans and troubled debts are the topic of discussion. I am Dick Rogan, bank lawyer and chair of the JMBM Special Assets Team™. Every day, problem loans of all types cross my desk and the desks of my colleagues here at JMBM. That’s because we ask for them. […]
Under California’s foreclosure law, three months must pass after recording a Notice of Default before the creditor can instruct the Trustee to sell the property. While California law requires only 20 days notice before the foreclosure sale, lenders typically instruct the foreclosure company to give 25 days notice, as this is what IRS requires for […]
Robert B. Kaplan’s article entitled "Understand Workouts and Help Avoid Them: Get to Know the Extensive Steps Lenders Take When Working Out Troubled Loans," was published in the November 2007 issue of Scotsman Guide.
Jim Butler, Guy Maisnik and Dick Rogan authored the article, "Condo Hotel Workouts and Turnarounds: Opportunity for the Well-Informed," which appears in the June 2007 issue of Commercial Mortgage Insight.