With the recent bankruptcy filing by Tricolor Holdings, many industry leaders are attempting to predict how this will impact subprime auto finance for the remainder of the year and beyond. Joseph Cioffi and Nicole Zatserkovniy, attorneys in the Bankruptcy, Creditors’ Rights + Finance Practice Continue Reading
Westlaw | Fortune or Forfeiture: Real Estate Lending in the Cannabis Space
With expectations of doubling in the next five years, the cannabis industry will require significant funding to fuel its fast and furious growth. Funding will be needed in particular for property acquisitions, which will serve as cultivation and distribution facilities, and as retail storefronts. Continue Reading
Law360 | NY Debt Enforcement Alternatives for Cannabis Lenders
Lenders in many industries are often impeded in enforcement efforts by a borrower's bankruptcy filing, but not so in the cannabis space. As a consequence of the federal government's continued criminalization of cannabis, protection under the U.S. Bankruptcy Code is likely out of reach for Continue Reading