Exorcising Hobgoblins: Removing Antiquated Clauses from Loan Documents

By |2024-10-28T16:30:05-05:00August 7th, 2024|Compliance, Legal|0 Comments

Many of these clauses, cobbled together over decades or more, contain antiquated clauses that no longer serve their intended purpose. So that you don’t have to Google it, a hobgoblin is a mischievous imp (or sprite); a small, ugly creature that causes trouble. Something that causes fear (like a boogeyman). Embarrassingly, legal documents are replete [...]