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NJ Appellate Division Holds That HOA Declaration Trumps Prior Recorded Mortgage In Certain Instances - Financial Services

The New Jersey Appellate Division, in a published opinion, recently held that in certain instances, a recorded homeowners' declaration of covenants can trump a prior mortgage. ....

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Texas Supreme Court Clarifies Proper Service On Out-of-State Financial Institutions - Litigation, Mediation & Arbitration

The Texas Estates Code requires an out-of-state fiduciary to appoint the Secretary of State as the fiduciary's agent for service of process. ....

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Texas Supreme Court Clarifies Proper Service on Out-of-State Financial Institutions | Butler Snow LLP

The Texas Estates Code requires an out-of-state fiduciary to appoint the Secretary of State as the fiduciary’s agent for service of process. The Texas Civil Practice and Remedies Code,. ....

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The Concept Of Appealability - Litigation, Mediation & Arbitration

Appealability" is a threshold jurisdictional consideration that incorporates a requirement of "appealable paper" and relates to the issue of whether a direct appeal, either as of right or by permission. ....

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What Do I Need To Prove In Order To Enforce A Promissory Note? | McGlinchey Stafford

The Bullet Point: An Ohio Commercial Law Bulletin
Statute of Repose
Wilson v. Durrani, Slip Opinion No. 2020-Ohio-6827
In this appeal, the Supreme Court of Ohio reversed the lower court’s decision, determining that the plaintiffs’ claims were time-barred because Ohio’s saving statute does not create an exception to a true statute of repose.
The Bullet Point: Statutes of limitations establish a time limit for bringing a lawsuit based on the date when the plaintiff’s claim accrued. Statutes of repose bar an action that is brought after a specified period of time since the defendant acted, regardless of whether or not the plaintiff has yet to be injured by the defendant’s actions. Simply stated, both statutes of limitations and statutes of repose limit the period of time in which a plaintiff may file an action. On the other hand, saving statutes extend that period of time. Under Ohio’s saving statute, a plaintiff is afforded a limited period of time in whi ....

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