Cozen O’Connor: Other Lender Protections besides Waiver of Security Interest in Contaminated Real Property [Korek Land Company, Inc's Commentaries & Bulletins]

Other Lender Protections besides Waiver of Security Interest in Contaminated Real Property [Korek Land Company, Inc's Commentaries & Bulletins]

Donald Nanney and Duane Montgomery, both members of Cozen O'Connor's Corporate Practice Group, discuss this topic in Korek Land Company, Inc's Commentaries & Bulletins. The commentary focuses on the statutory right of a lender to waive its security interest in environmentally impaired real property under California Code of Civil Procedure Section 726.5. There are, however, additional rights and protections available that may affect a lender’s decision whether to waive the security interest and otherwise how to handle an environmental impairment situation. 

To read the publication, click here.


Related Attorneys

Duane M. Montgomery

Member

dmontgomery@cozen.com

(310) 460-4478

Donald C. Nanney

Of Counsel

dnanney@cozen.com

(310) 460-4479


Related Practices