We are pleased to announce that Eilzabeth Rae-O’Donnell has joined our Firm as an attorney in our Livonia office. She focuses her practice on municipal law and labor and employment law. Prior to joining CMDA, she served as the assistant city attorney for the City of Southfield where she practiced all areas of municipal law, including prosecutions, tax appeals, zoning and planning, Freedom of Information Act and labor and employment […]
Read MoreIn what has been called a big victory for borrowers of commercial loans, the Michigan Court of Appeals has upheld the Michigan legislature’s recent passage of the Non-Recourse Mortgage Loan Act (NMLA). In the case of Wells Fargo Bank v Cherryland Mall Ltd Ptnsp, the Court addressed the issue of whether developer David Schostak is personally liable for a guarantee on an original $8.7 million non-recourse loan obtained for the purpose of renovations […]
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