Cadwalader, Arnold Docs Targeted In $95M Condo Loan Fight

Law360, New York (April 5, 2012, 8:15 PM EDT) -- Petra Capital Mortgage Corp. on Thursday told New York appeals panel that Amalgamated Bank, its co-lender in a $95 million development loan, can’t withhold Cadwalader Wickersham & Taft LLP and Arnold & Porter LLP documents in their dispute over a foreclosure action against the borrower.

Petra and Amalgamated co-originated a total of $95 million in loans under an intercreditor agreement to develop a luxury high-rise mixed-use condominium project and renovate a synagogue on the property in Manhattan's Hudson Heights neighborhood. Amalgamated served as the loan's servicer....
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