Day Pitney remains committed to providing quality legal counsel, while protecting our clients and employees, and transforming our communities into more just, equal and equitable spaces. For more information, please visit our COVID-19 Resource Center | Racial Justice and Equity Task Force.

Insights

Publications Events Blogs

New Jersey Appellate Division Holds Bank Has Standing to Foreclose Even If Allonge to Note Was Not Affixed When Executed

Publisher: Pratt’s Journal of Bankruptcy Law
January 1, 2016

Joy Harmon Sperling and Sarah Sakson Langstedt wrote an article, “New Jersey Appellate Division Holds Bank Has Standing to Foreclose Even If Allonge to Note Was Not Affixed When Executed,” for Pratt’s Journal of Bankruptcy Law. The article analyzes the significance of the New Jersey Appellate Division’s recent decision in U.S. Bank National Association v. Morris Bayonne Associates I, LLC. In that case, the court ruled that the plaintiff in a foreclosure action had established a prima facie case for foreclosure even though the allonge to the note was not physically attached when the allonge was executed.

Download
Recommended
Related Professionals
Parsippany, NJ
T: (973) 966 8217
Parsippany, NJ
T: (973) 966 8116