NY Ruling Sheds Light On UCC 'Commercial Reasonableness'

By Gregg L. Weiner and Andrew Todres (September 7, 2022, 6:03 PM EDT) -- A recent New York state court decision provides new guidance on the elusive requirements of the commercial reasonableness standard applicable to mezzanine loan foreclosure sales in New York under Article 9 of the Uniform Commercial Code....

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