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    04.25.13 Professor David Reiss Discusses Loan Ramifications of Cherryland Case
    David Reiss

    In a new Law360 article, Professor Davis Reiss commented on the latest in Wells Fargo’s loan default fight with Michigan’s Cherryland Center mall, a case that attorneys say could complicate loan negotiations and jeopardize deals in other states. “If I was an existing borrower [or borrower's counsel], I would look at this very carefully,” Professor Reiss told Law360. “And new borrowers should try to negotiate new language that protects for this, saying that becoming insolvent is not something that is going to trigger the bad boy guarantee.”

    Read the full article.