“The Aftermath of Cypress Creek,” By Thomas M. Lombardo
Thomas M. Lombardo recently published an article in the ISBA Commercial Banking, Collections and Bankruptcy Law Newsletter.
House Bill 3636 was sent to the Governor for signature on January 11, 2013. The Governor has sixty days to veto the Bill or it becomes law. This article provides a real-world example of exactly how House Bill 3636 will affect a commercial real estate foreclosure with post-mortgage mechanics liens.