Don't Underestimate The Scope Of A Bad Boy Guaranty

Law360, New York (November 27, 2012, 3:12 PM EST) -- Benjamin Franklin once famously said, "Nothing is certain in life except death and taxes." If Franklin were alive today, that quote would have to be amended slightly. In modern commercial real estate finance transactions, one thing is certain — there is no such thing as a fully nonrecourse loan....

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