How 'Bad Boy' Guarantees Can Make a Non-Recourse Loan Sudd...
06/28/11
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How 'Bad Boy' Guarantees Can Make a Non-Recourse Loan Suddenly Become Recourse
Insurance News Net (press release)
While “non-recourse” loans typically require carve-out guarantees allowing the lender to pursue the guarantor's assets in instances of “bad-boy” acts — such as waste, funds misapplication, environmental issues and voluntary bankruptcy filings — the ...
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Insurance News Net (press release)
While “non-recourse” loans typically require carve-out guarantees allowing the lender to pursue the guarantor's assets in instances of “bad-boy” acts — such as waste, funds misapplication, environmental issues and voluntary bankruptcy filings — the ...