Knowledge Library

Judge Blocks Foreclosure on World Class Site, Kalin Appeals

Austin investor Nate Paul and his firm World Class have halted a Uniform Commercial Code foreclosure sale on an office campus in the Texas capital, which World Class says will allow it to refinance.

Nate Paul is represented by MSF Co-Founder & Commercial Litigation Partner, Stephen Meister, who was quoted by The Real Deal, “They are in the process of refinancing and repaying both the senior loan and the mezzanine loan that Karlin pays, so even though… the foreclosure sale is stopped during the pendency of this suit, that doesn’t mean World Class won’t pay them back during the pendency.”

Click here to read the full article in The Real Deal