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September 18, 2013 |

Clearing the Confusion: Misplaced Notes and Allonges

In their Financing column, DLA Piper's Jeffrey B. Steiner, Jason R. Goldstein and Joshua Sohn write: Defendants in foreclosure proceedings often challenge the lenders' standing to enforce a promissory note, demanding that lenders demonstrate physical possession of the note to initiate a foreclosure despite the fact that physical possession is not required by the law.
10 minute read
May 31, 2013 |

A Standing Dilemma

While recent New Jersey appellate decisions purport to resolve any concerns and, in turn, streamline and expedite the foreclosure process for negotiable notes, legitimate debate remains and begs a closer review by the state Supreme Court.
8 minute read
July 18, 2011 |

Impact of bankruptcy on prepayment provisions of financial instruments

At issue is the enforceability of such provisions in bankruptcy in the absence of clear note-purchase agreement language.
7 minute read
November 23, 2010 |

Home sales dip 2.2 percent in October

Sales of previously owned homes slipped slightly in October as the housing market continues to battle tough economic conditions including high unemployment and tight credit.
3 minute read
August 07, 2013 |

Partnership Obtains Largest Private Construction Financing Since Recession

A partnership behind the retail transformation of Miami's Design District has obtained two loans totaling more than $300 million.
3 minute read
July 18, 2011 |

NY Partners Switching Firms

1 minute read
July 01, 2013 |

Pallian v. MetLife Bank

Lender Not Entitled to Equitable Mortgage On Interests Held by Home's Other Joint Owners
1 minute read
July 18, 2011 |

Personal Notes on Lawyers

2 minute read

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