We provide a quick snapshot of legal issues surrounding lending in the cannabis space, including state-federal regulatory hurdles and debt enforcement challenges for lenders, and business considerations for borrowers when preparing for a deal.
Credit Chronometer
Clarity at the intersection of credit, law, and markets. From Davis+Gilbert.
Latest from Credit Chronometer - Page 11
Key Considerations for Cannabis Borrowers
Finding financing for state-legal cannabis businesses can be a challenge, but with the right preparation, cannabis business borrowers can put their best foot forward to present themselves to potential lenders. We highlight the key considerations borrowers should be ready to…
NY Debt Enforcement Alternatives for Cannabis Lenders
With cannabis being federally illegal, bankruptcy protection is not an option for cannabis-related businesses. In an effort to protect collateral and maximize recovery, cannabis lenders need to understand debt enforcement and liquidation options under state law, before entering into financing…
PODCAST: Davis+Gilbert’s Joseph Cioffi on vehicle-titling challenges
Joseph Cioffi was interviewed for an Auto Remarketing podcast episode, “PODCAST: Davis+Gilbert’s Joseph Cioffi on vehicle-titling challenges,” September 7, 2021
Student Loan Relief is Extended, But Court Relief Remains Elusive
A respite, however brief, can be refreshing, but the hope is always for more lasting change. For student loan borrowers, the hope has been for COVID-19 loan forbearance to lead to loan forgiveness. Such sweeping action doesn’t appear likely soon.…
Rethinking Your Approach to Insurance
There are pitfalls that those in asset-based financing should be mindful of, particularly when it comes to insurance and protecting collateral against loss. We spoke with Jack Schwartz, managing director of Davis+Gilbert Risk Management LLC, about key issues…
Can regulators pursue lenders for subprime auto defaults?
Joseph Cioffi and Nicole Serratore’s article, “Can regulators pursue lenders for subprime auto defaults?,” was published in Westlaw Today. Click here to view the full article.
Regulators Are Coming, but Can They Corral the Crypto Multiverse?
Making order out of a multiverse is an extraordinarily difficult task, just ask DC Comics, which has struggled to achieve the success of its rival, Marvel, to create a coherent narrative for its popular superheroes. Regulators in Washington, D.C. and…
3rd Annual 360 Degree Credit Chronometer Report with Joseph Cioffi, Partner at Davis+Gilbert
Joseph Cioffi was interviewed for an ValueWalk’s Value Talks podcast episode, “3rd Annual 360 Degree Credit Chronometer Report with Joseph Cioffi, Partner at Davis + Gilbert,” July 19, 2021
SCOTUS Raises the Bar for Standing in Consumer Protection Claims
Lenders, servicers and others regulated by consumer protection statutes may be able to rest a bit easier following the U.S. Supreme Court’s recent decision in TransUnion LLC v. Ramirez (Ramirez), where the Court filtered out over 75% of claimants in…