ARTICLE
28 December 2022

California Courts Put The Brakes On Lenders Recovery Of Default Interest

LG
Lathrop GPM

Contributor

Successful businesses think ahead. At Lathrop GPM, we make it our business to help you anticipate trends and plan for challenges. Working together, we build exciting futures.

Lathrop GPM serves a client base whose businesses form the backbone of our economy. Our clients run factories, build skylines, cure diseases, create jobs and power our world. And we work alongside them the entire way – immersing ourselves in our clients’ organizations and partnering with them to understand the big picture, so we can think past the day-to-day and help our clients anticipate future challenges. From the research lab to the factory floor, from oil fields to skyscrapers – we work as one integrated team to help our clients achieve their most important objectives.

In this latest installment of Money Matters, Jay Ross provides an update on a recent case from the California Court of Appeal that struck a blow at lenders' ability to recover default interest...
United States California Finance and Banking

In this latest installment of Money Matters, Jay Ross provides an update on a recent case from the California Court of Appeal that struck a blow at lenders' ability to recover default interest following a loan payment default. If you are in the business of making commercial loans, you'll want to watch this video to learn how it may impact your business and bottom line.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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