Naomi Berry Quoted in Law360: “New Conn. Law Gives Structure to Rent Receivers, Attys Say”
June 15, 2023
Naomi Berry was quoted in a Law360 article titled “New Conn. Law Gives Structure to Rent Receivers, Attys Say.” The article discusses the Uniform Commercial Real Estate Receivership Act, which provides lenders with a tool to collect rent on commercial properties in foreclosure, prevent waste and loss, and execute a sale on the open market, free of any encumbrances.
"It helps the parties know what to expect, it helps you manage client expectations, and it helps the court to know the parameters of what they should be doing or not doing," Berry said.
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