Latimer LeVay Fyock, LLCLatimer LeVay Fyock, LLC

Timing is Everything

IN RE: DUCKWORTH Timing is Everything Occasionally, lenders insert erroneous dates in loan documents.  Sometimes closing dates change and a reference to the wrong date of a promissory note in a security agreement makes its way into the executed document. . . . [READ MORE]

How a Non-Recourse Loan can become a Recourse Loan

TITAN LEASING How a Non-Recourse Loan can become a Recourse Loan Simply stated, a non-recourse loan is an arrangement where the borrower pledges collateral as security for the loan, and the lender’s only recourse in the event of default by . . . [READ MORE]

Southern Financial Group, LLC v. McFarland State Bank

Southern Financial Group, LLC v. McFarland State Bank Southern Financial Group (“SFG”) is a firm that specializes in purchasing distressed assets for investment.  SFG bought at auction a loan portfolio from McFarland State Bank (“McFarland”) which McFarland had previously acquired . . . [READ MORE]

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