At Fraser Trebilcock, our lawyers help clients keep up with changing regulations and advancements in technology. A prime example is the work we do with banks and financial institutions. Continue reading NEW VIDEO: Financial Institutions & Banking Law
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“We’re Outta Here…”: The Michigan Court of Appeals Recently Reaffirmed that Foreclosure May Extinguish Leases Covering the Foreclosed Property. Lenders, Owners and Tenants Should be Mindful of the Consequences.
When a lender forecloses a mortgage on commercial property that its borrower has leased to one or more tenants, the process may result in unexpected consequences. Continue reading “We’re Outta Here…”: The Michigan Court of Appeals Recently Reaffirmed that Foreclosure May Extinguish Leases Covering the Foreclosed Property. Lenders, Owners and Tenants Should be Mindful of the Consequences.