Regulatory Update

Private Asset Management

April 2016

Lenders must exercise considerable caution when seeking recovery when a debt becomes due. Borrower-initiated lawsuits are frequent because once in default, a debtor has nothing to lose and everything to gain. The mere threat of expensive and protracted litigation – or worse, a debtor’s success – can increase leverage in forbearance negotiations or even achieve cancellation of debt altogether.

The articles on our Website include some of the publications and papers authored by our attorneys, both before and after they joined our firm. The content of these articles should not be taken as legal advice.


Craig Weiner


Chair, New York Commercial and Financial Litigation Group

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