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Civil Practice – Interlocutory Appeals – Multiple Defendants – Real Property – Mortgages

Civil Practice – Interlocutory Appeals – Multiple Defendants – Real Property – Mortgages
nclawyersweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nclawyersweekly.com Daily Mail and Mail on Sunday newspapers.

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Medtech entrepreneur defaults on state loan, files for bankruptcy

A New York entrepreneur who received a $400,000 economic development package from the state early last year to develop a medical-technology innovation hub in Hartford has filed for personal bankruptcy, according to court records. ....

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Nicolas Milette | Finance et Investissement

Nicolas Milette | Finance et Investissement
finance-investissement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-investissement.com Daily Mail and Mail on Sunday newspapers.

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New York Clarifies Mortgage Loan Acceleration and De-Acceleration: Starting and Stopping the Limitations Clock | Bradley Arant Boult Cummings LLP

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On February 18, 2021, the New York Court of Appeals’ consolidated resolution of four cases that answered two critical questions concerning the application of the statute of limitations in New York mortgage foreclosure actions: What constitutes a valid acceleration such that the six-year “clock” is started and what actions constitute a valid “de-acceleration” of a loan?
Question 1: What starts the clock?
The opinion discussed two cases,
Wells Fargo Bank, N.V. v. Ferrato and
Vargas v. Deutsche Bank National Trust, addressing acts that do or do not constitute valid acceleration. Like a majority of states, New York requires lenders to accelerate loans via an “unequivocal overt act.” In ....

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Greenberg Traurig Appellate Team Wins 2 Landmark Real Property Cases Before New York's Highest Court

Greenberg Traurig Appellate Team Wins 2 Landmark Real Property Cases Before New York’s Highest Court
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Greenberg Traurig (GT) Appellate team led by Shareholder Patrick Broderick and Of Counsel Brian Pantaleo won in two landmark real property cases before the New York Court of Appeals involving the statute of limitations in mortgage foreclosure cases.
NEW YORK (PRWEB)
February 22, 2021
A Greenberg Traurig (GT) Appellate team led by Shareholder Patrick Broderick and Of Counsel Brian Pantaleo won in two landmark real property cases before the New York Court of Appeals involving the statute of limitations in mortgage foreclosure cases. The two cases are ground-shifting in New York real property law. Their state-wide application will likely protect billions in assets for mortgage holders throughout New York State. ....

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