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Snider and Waters co-author article in Counsel to Counsel
October 11, 2010

SniderWatersRonald A. Snider and Michael D. Waters, partners in the firm's Banking & Financial Services Practice Group, co-authored an article in the Fall 2010 edition of Counsel to Counsel. The article, entitled "Banks Seek Regulatory Forbearance Following Gulf Oil Spill," focuses on the added financial stress commercial banks face on their already struggling real estate portfolios as a result of the BP oil spill. Properties owned by banks must be regularly reassessed for fair market value, which has decreased as a result of the oil spill. To read the article in its entirety, click here.