In The News

Real Estate Attorneys Contribute Article on SPE Covenants for The New York Law Journal

Practices: Real Estate Investments & Transactions

An article titled “Violations of SPE Covenants After 2008: Borrowers Beware” was published on Dec. 15 by The New York Law Journal and was written by real estate partner David Djaha, real estate counsel Laurie Nelson and real estate associate Matt Stoller (all of New York).

The article details the re-emergence of commercial mortgage-backed securities market following the collapse of 2008 and examines decisions in federal and New York courts that may suggest a new threshold for recourse liability.

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