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Robinson & Cole LLP | USA | 22 Jun 2022

Property Valuation Issues Are Ill-Suited for Class Certification According to the Sixth Circuit

A recent Sixth Circuit case addressed an issue that tends to arise frequently in various types of class actions, such as property insurance and…
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Maurice Wutscher LLP | USA | 17 Jan 2022

Illinois App. Court (1st Dist) Affirms Denial of Borrower’s Evidentiary Challenge to Foreclosure Sale

The Illinois Court of Appeals, First District, recently affirmed a trial court’s order granting a mortgagee’s motion to confirm judicial sale of a…
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Maurice Wutscher LLP | USA | 11 Jan 2022

NY App. Court Holds Strict Compliance Required for ‘Separate Envelope’ for Pre-Foreclosure Notice

The New York Appellate Division, Second Department, recently affirmed a lower court’s order granting summary judgment in favor of a borrower in a…
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Schulte Roth & Zabel LLP | USA | 6 Jan 2022

Sixth Circuit Holds State Court Tax Foreclosure Subject to Fraudulent Transfer Attack

A “federal [fraudulent transfer claim under Bankruptcy Code § 548] is independent of [a] state-court [foreclosure] judgment,” held the U.S. Court of…
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Morrison & Foerster LLP | USA | 22 Mar 2021

Courts: A Foreclosure Pandemic Pause? (Part 3)

Since the start of the COVID-19 pandemic, borrowers and lenders alike have sought clarity regarding the permissibility of UCC foreclosure sales in…
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Preu Bohlig & Partner | European Union, Germany | 4 Mar 2021

EuGH entscheidet über die Berechnung des Ablaufes des Zeitraumes von 5 Jahren zur Verfallserklärung

Mit Urteil vom 17. Dezember 2020 hat der Europäische Gerichtshof über ein Vorabentscheidungsersuchen des Bundesgerichtshofs über den Zeitpunkt…
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Duane Morris LLP | USA | 24 Feb 2021

New York Court of Appeals Issues Landmark Decision Clarifying Statute of Limitations Issues in Foreclosures, with Profound Implications for the Mortgage Industry

The Court of Appeals’ new rules should make these kinds of factual inquiries irrelevant in those cases where acceleration is…
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Kramer Levin Naftalis & Frankel LLP | USA | 5 Nov 2020

New York Court of Appeals Distinguishes Marblegate, Holds Majority-Directed Strict Foreclosure Violates Indenture and Minority Noteholders’ Absolute Legal Right to Payment

On October 22, 2020, in a 4-3 opinion, the Court of Appeals for the State of New York held that the right of certain dissenting minority noteholders…
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Troutman Pepper | USA | 15 Oct 2020

National Apartment Association Claims Nationwide Foreclosure Freeze Is Unconstitutional

A recently filed lawsuit places renewed scrutiny on the constitutionality of the nationwide residential eviction freeze put in place by the Centers…
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Michael Best & Friedrich LLP | USA | 13 Oct 2020

Can You Purchase Real Estate Safely from Bankruptcy, Foreclosure, or a Receiver?

Yes, but only if it is done carefully. All three of these options are procedures intended to secure the most money from the sale for the payment of…
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