Foley Partner Walter Little authored an article that appeared in Real Estate Finance & Investment on July 18, 2011 titled “Selling Participated Loans.” Little discusses the sale of participated loans when they enter non-performing status, stating that it is prudent to consider preventative measures that supplement the language of participation agreements when assessing whether or not to sell a distressed participated loan. He adds that an established protocol for the free flow of information between lender group members could help to prevent conflicts from occurring between members if the opportunity to sell the loan arises.
Related Insights
May 30, 2025
Foley Career Perspectives
Foley Mental Health Month Program: Enhancing Performance Through High-Quality Connections
Foley & Lardner endeavors to create a high-performance culture that also prioritizes well-being — a culture where every member of the…
May 29, 2025
Manufacturing Industry Advisor
Foley Automotive Update
Analysis by Julie Dautermann, Competitive Intelligence Analyst Foley is here to help you through all aspects of rethinking your long-term…
May 29, 2025
Foley Viewpoints
Supreme Court Clarifies Scope of Federal Fraud Statutes in Connection with False DBE Reporting on Federally Funded Projects
On May 22, 2025, the U.S. Supreme Court issued a significant decision in Kousisis v. United States, affirming a six-year prison sentence for a contractor convicted of federal wire fraud for misrepresenting use of a disadvantaged business enterprise supplier on a project.