Wilentz Secures Appellate Win Affirming $18 Million Commercial Foreclosure Judgment
The Appellate Division rejected challenges to several key components of the trial court's ruling, including the determination of the default date, the application of default interest, and the award of attorneys' fees. The decision reinforces the enforceability of negotiated terms in sophisticated commercial lending transactions.
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"This decision underscores the strength of well-structured commercial loan documents and affirms lenders' ability to rely on negotiated remedies," said Stein.
"The outcome represents a strong result for our client," said Stillo. "It also serves as an important appellate affirmation for commercial lenders navigating complex enforcement proceedings."
Results achieved in prior matters are not meant to be a guarantee of success as the facts and legal circumstances vary from matter to matter.
Wilentz, Goldman & Spitzer, P.A. is one of the largest and most enduring law firms in
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SOURCE Wilentz, Goldman & Spitzer, P.A.
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