Breach of Forbearance Agreement.
| Date | 06 March 2022 |
| Author | Hawkins, Derek |
Byline: Derek Hawkins
7th Circuit Court of Appeals
Case Name: Romspen Mortgage Limited Partnership, v. BGC Holdings LLC Arlington Place One, et al.,
Case No.: 20-3017
Officials: RIPPLE, ROVNER, and SCUDDER, Circuit Judges.
Focus: Breach of Forbearance Agreement
This case brings to us a contract dispute over a piece of commercial real property in Arlington Heights, Illinois. After BGC Holdings, LLC, et al., ("BGC") defaulted on a loan secured by Romspen Mortgage Limited Partnership ("Romspen"), the parties negotiated an agreement to avoid foreclosure of the property (the "Arlington Property")...
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