White Paper

2 Pages
  • 2 Pages

Think Before You Click: A $500 Million Mistake


Staying aware of other's mistakes may help your business in the long run.

It can be helpful to lenders to stay aware of important judicial decisions that could have an impact on their business. In some cases, costly mistakes are made, and lenders can learn from these mistakes and possibly correct their own bad habits and further develop their best practices. Recently a critical decision was made out of the Southern District of New York relating to a costly mistake that could and should have been avoided. This white paper reviews that case and discusses the costly outcome.



Jeffrey A. Wurst, Esq.

Jeffrey A. Wurst, Esq.

Armstrong Teasdale

  • More than 30 years of experience handling significant commercial finance and bankruptcy matters
  • Esteemed fellow of the American College of Commercial Finance Lawyers and panelist on the American Arbitration Association’s National Roster of Arbitrators
  • In-depth experience representing both lenders and borrowers in litigation arising from transactions, and is often called upon to handle interlender disputes
  • Represented both agents and co-lenders in syndicate-related disputes
  • Litigation experience includes the successful defense of major money center banks in venues across the country related to lender liability, lien priority disputes, fraudulent conveyance, and similar actions
  • The ABF Journal, Secured Finance Network, Turnaround Management Association, and other industry-leading publications turn to Jeff for critical insights and articles
  • An established writer and blogger, his Wurst Case Scenario, the commercial finance law newsletter, has thousands of followers
  • Frequent lecturer on topics concerning lenders and entrepreneurs

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