NY Debt Enforcement Alternatives For Cannabis Lenders

By Joseph Cioffi, Seiji Newman and Christine DeVito (September 23, 2021, 5:24 PM EDT) -- Lenders in many industries are often impeded in enforcement efforts by a borrower's bankruptcy filing, but not so in the cannabis space. As a consequence of the federal government's continued criminalization of cannabis, protection under the U.S. Bankruptcy Code is likely out of reach for marijuana-related businesses, or MRBs....

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