Joseph Cioffi was mentioned in a Consumer Reports article “Many Americans Are Overpaying for Their Car Loans“.
Joseph Cioffi was quoted in a Commercial Mortgage Alert article regarding the hurdles of bringing cannabis-related securitizations to market.
The tensions between federal and state cannabis laws continue to persist. In this article, we identify the key federal legal issues for financial institutions and lenders when working with state-legal cannabis businesses.
We provide a quick snapshot of legal issues surrounding lending in the cannabis space, including state-federal regulatory hurdles and debt enforcement challenges for lenders, and business considerations for borrowers when preparing for a deal.
Finding financing for state-legal cannabis businesses can be a challenge, but with the right preparation, cannabis business borrowers can put their best foot forward to present themselves to potential lenders. We highlight the key considerations borrowers should be ready to address.
With cannabis being federally illegal, bankruptcy protection is not an option for cannabis-related businesses. In an effort to protect collateral and maximize recovery, cannabis lenders need to understand debt enforcement and liquidation options under state law, before entering into financing with borrowers. Learn more in this Law360 article authored by Joseph Cioffi, Seiji Newman and Christine...
Joseph Cioffi and Nicole Serratore's article, “Can regulators pursue lenders for subprime auto defaults?,” was published in Westlaw Today. Click here to view the full article.