News: Long Island

Luckman of Forchelli Deegan Terrana elected president of TMA LI

Gerard Luckman

Uniondale, NY According to Forchelli Deegan Terrana LLP, Gerard Luckman, a partner and chair of the firm’s Bankruptcy & Corporate Restructuring practice group, has been elected president of the Turnaround Management Association’s (TMA) Long Island Chapter. His one-year term was effective January 1, 2022. Luckman is also a member of the Chapter’s Board of Directors and Executive Committee.

Luckman earned his J.D. from St. John’s University School of Law and his B.S. from the New York Institute of Technology.

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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.