"Limits on Lender's "Sole Discretion"

The New York Real Estate Journal published an article by Real Estate Law group partner Thomas Kearns, with assistance from summer associate Katelyn Patton, entitled "Limits on Lender's "Sole Discretion".” The article discusses recent opinions in which New York courts address limits on a lender’s “sole discretion” in granting approvals or making decisions in typical loan agreements.