Overview
Keith Mudrick's outlines strategies for commercial lenders in his Law360 article,"5 Strategies for Lenders When a Commercial Borrower Defaults."
Keith states, "Often, the worst decision a lender can make when facing a default is to make no decision at all. Inaction can give rise to an unintended waiver of rights or create a problematic course of conduct argument, which courts may deem to be the lender's acceptance of an ongoing default."
You can read the full article here.