Joy Harmon Sperling and Rachel Packer wrote an article, "No Such Thing As A Free House? NJ Court Says Otherwise," for Law360. The article examines a recent unpublished opinion rendered by the Superior Court of New Jersey, Bergen County in Anim Investment Co. v. Shaloub, No. F-30508-15, 2015 N.J. Super. Unpub. LEXIS 3042 (Ch. Div. June 30, 2016), in which the court provided a lengthy interpretation and analysis of the statute of limitations applicable to residential mortgage foreclosure actions, and ultimately held that the plaintiff in the action was time-barred from commencing an action to foreclose its mortgage. By the court’s strict interpretation of the of the statute of limitations relative to residential mortgage foreclosures, the court essentially provided the defendants with a free house by barring the plaintiff from foreclosing on its mortgage loan, and also deprived the plaintiff of an alternative equitable remedy.
On January 30, Michael Rave and Richard Leu will be speaking at Bank Director's annual conference, Acquire or Be Acquired, in Phoenix, Arizona.
On January 30, Jed Davis will speak at The Knowledge Group Webcast, "Best Strategies in Protecting Your Firm Against Hackers: What Hackers Can and Cannot Do?"
On January 20, Michael Rave will be speaking at the NJ Bankers Association's Economic Leadership Forum.
Day Pitney Alert
Theresa Kelly and Howard Fetner wrote an article, "AARP Lawsuit Puts EEOC In An Awkward Position," for Law360.
On January 5, Day Pitney hosted a speech by Robert L. Capers, the U.S. Attorney for the Eastern District of New York, to the White Collar Crime Committee of the American Bar Association's Business Law Section (WCCC) at the firm's New York City office.
Barbara Freedman Wand was quoted in the article "Banks Explore Multiple Avenues For Community Investment," in The Commercial Record.
Michael Rave was quoted in an article, "BigLaw Reacts To Trump's Election To The White House," in Law360. In the article, Rave discusses how the Trump presidency will benefit the financial services industry by potentially rolling back the more extreme aspects of Dodd-Frank.
Eliza Fromberg was quoted in an article, "Equity Crowdfunding Tops $10M Since SEC Rules Took Effect," in Law360.
Eliza Fromberg was quoted in an article, "SEC Boosts Intrastate Crowdfunding, But Hurdles Remain," in Law360. In the article, Fromberg discusses the U.S. Securities and Exchange Commission’s adoption of amendments to the intrastate offering exemption.