Jenner & Block

Client Advisory: River East -- A Tale of Caution for Lenders and Borrowers

In this Client Advisory, authored by attorneys from the Firm's Real Estate Practice, Partner Michelle M. McAtee and Associate Kristen M. Boike discuss the recent Illinois federal district court decision of River East Plaza, LLC v. The Variable Annuity Life Company that held that a yield maintenance clause that used a United States Treasury rate as the discount rate was invalid.