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In Stinging Rebuke to Financial Institutions and Title Companies, NJ Supreme Court Favors Law Firm’s Effort to Collect Unpaid Legal Bills

USA - July 26 2016 In a case closely-watched by New Jersey Banks and the Title Industry and plainly important to both the New Jersey Supreme Court granted lien priority…

Anthony C. Valenziano, Anthony J. Sylvester, Arjun Shah, Craig L. Steinfeld.

New Jersey Trial Court Finds Foreclosure Action Barred by Six-Year Statute of Limitations

USA - July 26 2016 Addressing an issue of first impression, a trial court in Anim Investment v. Shaloub, BER-F-30508-15 (Ch. Div. Jun. 30, 2016), found that an assignee…

Anthony C. Valenziano, Anthony J. Sylvester, Arjun Shah, Craig L. Steinfeld.

New York Court Finds Bank Did Not Act In Bad Faith At Mandatory Residential Foreclosure Settlement Conference

USA - April 28 2016 In Flagstar Bank, FSB v. Walker, 2016 N.Y. Slip Op. 26058 (N.Y. Sup. Ct. Jan. 29, 2016), the Supreme Court in Kings County, New York rejected a…

Anthony C. Valenziano, Anthony J. Sylvester, Arjun Shah, Craig L. Steinfeld.

New Jersey District Court Denies Motion to Dismiss Complaint Against Bank Alleging Violations of RESPA and State Law Tort Claims

USA - July 26 2016 In Edyta v. Bank of America, N.A., 2016 WL 3545521 (D.N.J. June 28, 2016), the District Court of New Jersey denied defendant Bank of America's…

Anthony C. Valenziano, Anthony J. Sylvester, Arjun Shah, Craig L. Steinfeld.

New York Supreme Court Finds Party Did Not Perfect Its Security Interest in Creditor’s Bank Account

USA - March 31 2016 In In re 140 W. 57th St. Bldg. LLC, the New York Supreme Court decided a dispute over priority with respect to bank account. Petitioner 140 W. 57th…

Anthony C. Valenziano, Anthony J. Sylvester, Arjun Shah, Craig L. Steinfeld.