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02/01/2012 07:00:00 PM EST

Court Finds Recourse Liability against a Guarantor Due To Borrower Insolvency

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Banking & Financial services Articles on Martindale.com

On December 27, 2011, the Michigan Court of Appeals published Wells Fargo Bank, NA v. Cherryland Mall Limited Partnership et al., 2011 WL 6785393 (Mich. App. Dec. 27, 2011), which for the first time holds that a non-recourse mortgage loan backed by commercial Read More...