Sader Law Firm, LLC is proud to announce that Managing Member Neil Sader has earned recognition once again in Missouri/Kansas Super Lawyers. It’s the 18th straight year the Thomson Reuters business has highlighted Sader’s work. In this year’s edition, he is recognized for his work in (1) Bankruptcy: Business; (2) Real Estate: Business; (3) Business Litigation; (4) Creditor Debtor Rights: Business; and (5) Bankruptcy: Consumer. Each year, no more than 5% of the lawyers in the state are selected by the Super Lawyers research team for inclusion on the Super Lawyers list. Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The annual selections are made using a patented multiphase process that includes a statewide survey of lawyers, an independent research evaluation of candidates and peer reviews by practice area. The result…
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Banks continue to see an increase in delinquencies on commercial real estate (CRE) loans as interest rates continue to rise and work-from-home policies create empty workspaces. As demand for office space decreases, borrowers have begun to default on their loans, forcing banks and lenders to sell their loans at significantly lower rates or engage in other potentially costly and time-consuming workouts. In reports for the third quarter of 2023, many banks show significant losses, largely due to CRE loans. Morgan Stanley reported setting aside $134 million for credit losses, stating that this was primarily due to “deteriorating conditions in the commercial real estate sector,” according to an article from Yahoo!, Other institutions, like Bank of America, have reported that their loans increased as well. Bank of America’s nonperforming loans increased to nearly $5 billion in the third quarter from $4.27 billion in the second quarter. They attributed this increase to…
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Sader Law Firm, LLC is proud to announce that the firm has secured two practice area rankings in the 2024 edition of the Best Law Firms rankings. For the third straight year, the firm garnered a Kansas City Metropolitan Tier 2 ranking in Bankruptcy Litigation, while debuting in Tier 1 for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law. To receive a Best Law Firms ranking, a firm must have one attorney recognized in the current edition of Best Lawyers in a “Best Law Firms” practice area. Sader Law Firm Managing Member Neil Sader and Member Brad McCormack were recently honored in the Best Lawyers guide, while associates Christian Taylor, Stephen Krogmeier and Steven Long were named to the “Ones to Watch” list.
*Credit card payments will not be accepted for bankruptcy cases, unless pre-approved by The Sader Law Firm. If you have a question about a credit card payment, please call our Office Manager at (816) 561 1818.
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