Discover how subordination clauses protect lenders in loans and mortgages, ensuring debt priority and secure repayments in refinancing, foreclosures, or bankruptcy.
Written by Alexander J. Chaudhry, as originally published in The Reverse Review. A subordination agreement is a written agreement between two lien holders who hold liens on the same real estate. This ...
One of the more material provisions in an intercreditor agreement between a mortgage lender and a mezzanine lender is the “payment subordination” provision. A typical payment subordination provision ...
Investors utilise the capital they have saved over time to start their journey in the Indian financial market. Some start with equity commodities while smart investors diversify their portfolios by ...
Bankruptcy courts continue to disagree about whether a provision in a subordination agreement that purports to allow the senior creditor to vote the subordinated creditor's claim is enforceable.