Bootcamp For Commercial Real Estate Lenders
A California Court of Appeals Case, LSREF2 Clover Property 4, LLC v. Festival Retail Fund 1, LP, decided in October, 2016, 3 Cal. App. 5th 1067, looks at the value of a guaranty in an affiliated transaction. The Court discussed the issue of “sham guaranties” based upon the fairly common facts described below. The court […]
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