United States: Recent Second Circuit Decision Holds That Conducting A Foreclosure Sale Upon A Property After A Tenant Files For Bankruptcy Violated The Automatic Stay - Morrison & Foerster LLP

United States: Recent Second Circuit Decision Holds That Conducting A Foreclosure Sale Upon A Property After A Tenant Files For Bankruptcy Violated The Automatic Stay - Morrison & Foerster LLP

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In New York, it is a standard practice to name all tenants residing in a building when foreclosing upon the property. That is because section 1311 of the New York Real Property Actions...

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