Los Angeles Real Estate Litigation Lawyer Jeffer Mangels Butler & Mitchell LLP Home
Unless you are a specialized lender who makes loans to debtors-in-possession, you do not make a loan with the expectation that your borrower is going to file bankruptcy. Although the number of bankruptcy filings in California and nationally is trending slightly lower, filings remain at higher than normal levels. Nearly every lender has received the […]
A few years ago, the Special Assets Management Association (SAMA) was born in Southern California. SAMA is a member-driven non-profit organization dedicated exclusively to fostering the best practice in the workout arena through continuing education, mentoring, skill sharing and peer support. I hear from my partners and clients in Southern California that SAMA has been […]
This past quarter end once again reminded us that the economy remains weak and borrowers who have managed to hang on for the past three or four years are running out of staying power. The topic again arose – what to do when a borrower files bankruptcy? Faced with the prospect of throwing good money […]
Another noteworthy conference happening next week is the California Bankers Association’s 44th Annual Bank Counsel Seminar from May 4-6 in Huntington Beach. Influential lenders, bank counsel, outside counsel, attorneys from bank regulatory agencies, and compliance officers will be in attendance for this three-day educational event, with seminars customized for each type of audience. I have […]
Lenders, an important conference is coming up next week. Meet the Money® is a forum for lenders in the hospitality industry to meet the experts and get your questions answered about how to get the most from the current market. Meet the Money® runs from May 2-4 at the Sheraton LAX. If you haven’t registered […]
Last year, the California Legislature enacted a statute that prohibits a deficiency judgment under a note secured by a first deed of trust against a dwelling of not more than four units that is sold at a short sale with a written consent of the lender. The existing statute, codified as Code of Civil Procedure […]
It seems that Spring is the time for wonderful events for I have yet another timely educational seminar to share with our general counsel readers. “How to Get to the Top and Stay There: Becoming a Leader in Your Legal Department” is part of the monthly Corporate Counsel Roundtable series which my partner, Bill Capps, […]
Many lenders are not very familiar with creditors’ plans, which can be a useful tool to break through a logjam in a Chapter 11 bankruptcy case. JMBM Special Assets Team members and expert creditors’ rights attorneys, Bob Kaplan and Nick De Lancie, are veterans at crafting and confirming creditor’s plans in tough cases. Bob and […]
In addition to compliance with financial and securities regulations, financial institutions must also be mindful of laws and regulations affecting a financial institution’s responsibilities to disabled Americans. As a member of the State Bar of California’s Financial Institutions Committee, I have the opportunity to hear interesting speakers on timely issues directed toward general counsel, regulatory […]
To our valued readers, 2010 proved to be a difficult and challenging year for workout professionals, and of course, for the JMBM Special Assets Team. Because our good clients are busier than ever this holiday season, so are we. I regret that I haven’t been writing as frequently as I would like, but I hope […]
