Joy Harmon Sperling, Clara Son and Michael Fitzpatrick wrote a bylined article, "Lawsuit Not Required to Rescind Loan Under TILA," for the New Jersey Law Journal. The article explains the significance of the precedent-setting decision in Jesinoski v. Countrywide Home Loans. On January 13, the Supreme Court of the United States ruled that borrowers only need to provide their lenders with a written notification in order to rescind their loan under the Truth in Lending Act (TILA), rather than actually commencing a lawsuit seeking rescission. The decision could have a significant impact on residential mortgage lenders, as it provides borrowers an easy avenue to rescind a loan if, in particular, the borrowers are in default and facing foreclosure.
To read the full article, please click here.
Day Pitney Florida Offices Managing Partner Manuel Garcia-Linares has been appointed to chair the firm's Litigation department. The news was featured in Miami Today.
Day Pitney Press Release
Day Pitney is proud to announce that three of the firm's South Florida-based partners have been recognized for the Florida Legal Awards from the Daily Business Review.
Day Pitney Press Release
Day Pitney Litigation Partners Christina Livorsi and Alfred Marks authored the article, "Questions Surround NY's Controversial New Foreclosure Law," for Law360.
Day Pitney Alert
Day Pitney Press Release
On November 4, Day Pitney Litigation Partner Christina Livorsi will be speaking at the Association of the Federal Bar of New Jersey's Chapter 13 Bankruptcy Symposium on the "Ethics of Remote Lawyering."
Day Pitney Litigation Senior Associate Michael J. Fitzpatrick and Partner Mark Salah Morgan authored an article titled, "Assignment for the Benefit of the Creditors? One Creditor's Experience With an Archaic State Insolvency Process," for the New Jersey Law Journal.
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