Joy Harmon Sperling and Rachel Packer wrote an article, "NJ Court Finds that SOL Bars Residential Foreclosure Action," for the New Jersey Law Journal. The article provides an analysis of a recent unpublished opinion rendered by the Superior Court of New Jersey, Bergen County, which essentially provided the borrowers, who had failed to make even one payment on their loan, with a free house by barring the plaintiff from foreclosing on its mortgage loan. In Anim Investment Co. v. Shaloub, No. F-30508-15, 2015 N.J. Super. Unpub. LEXIS 3042 (Ch. Div. June 30, 2016), the court provided a lengthy interpretation and analysis of the statute of limitations applicable to residential mortgage foreclosure actions. Through its strict interpretation of the statute, the court held that the plaintiff in the action was time-barred from commencing an action to foreclose its mortgage. The court also deprived the plaintiff of an alternative equitable remedy. "In light of the decision," Sperling and Packer wrote, "lenders should be mindful of the timing they have for bringing foreclosure actions in New Jersey and make sure they do not delay the filing."
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?"
Joshua Cohen and Clifford Nichols authored an article, titled, "Buyer Beware: The Bits and Bytes Could Get You," for the ABI Bankruptcy Litigation Committee Newsletter.
On January 16, Michael Furey and Sylvia-Rebecca Gutierrez wrote an article, "Are Advance Waivers Enforceable? Maybe," for the New Jersey Law Journal.
On January 11 and 12, Joy Harmon Sperling will be co-chairing the American Conference Institute’s 22nd National Forum on Residential Mortgage Litigation & Regulatory Enforcement.
On October 26, Paul Marino, Angela Titus McEwan, Warren Whitaker and Jay Kauffman will be speaking at Day Pitney's Third Annual Trustee Roundtable at The Yale Club of New York City.
Carrie Webb Olson, Elizabeth A. Alquist and Mitchell R. Harris have been selected as winners of the Lexology Client Choice Awards USA & Canada 2017.
John Cerreta was quoted in an article, "John Cerreta Talks Clerking for Alito, Commercial Litigation Changes" in the Connecticut Law Tribune.
Michael Furey was quoted in an article, "Barnabas, Hackensack Meridian Execs to be deposed in Omnia suit, judge rules," NJBIZ.
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.
Day Pitney Press Release