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Nicolas Milette | Finance et Investissement

Nicolas Milette | Finance et Investissement
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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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Columbiana County Common Pleas | News, Sports, Jobs


Jan 13, 2021
LISBON In county Common Pleas Court, a charge of rape and four counts of gross sexual imposition against Nelson H. Walter, 82, South Avenue, Salem, were dismissed. According to court documents, one evaluation found him incompetent to stand trial and a second evaluation could not be completed and the decision was made to dismiss without a civil commitment due to his hospitalization, advanced age and ill health. Walter had been accused of touching three children between the ages of 6 and 11 over a period beginning in 2003 and continuing through 2017. One of the charges was an unclassified felony, while the other four were third-degree felonies. ....

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