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 The article provides an analysis of a recent unpublished opinion rendered by the Superior Court of New Jersey, Bergen County, which essentially provided the borrowers, who had failed to make even one payment on their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."
Day Pitney Alert
On April 25, Boston attorneys Bill Pezzoni, Jared Ross and Justin Hannan will present on "Understanding Opportunity Zones: Investor Benefits," a program hosted by the Marlborough Economic Development Corporation (MEDC) in conjunction with the City of Marlborough, MA and Day Pitney LLP.
Keith Bensten authored a case comment, "MA District Court Declares the MA Wiretap Statute Unconstitutional Insofar as it Prohibits Recording of Government Officials Performing Their Duties in Public Space," published in the Winter 2019 edition of the Federal Bar Association Massachusetts Chapter Newsletter.
Day Pitney Case Analysis
On March 11, Paul Williams presented at the Connecticut Defense Lawyers Association (CDLA) seminar, "Titans of the Defense," where he discussed tips, strategies and lessons learned from his trial experience.
Day Pitney's representation of clients CBF Indústria de Gusa (CBF) and other Brazilian iron companies was covered in an article, "Billionaire Fights Waiving Of Privilege In $48M Award Dispute," published by Law360.
Day Pitney's representation of clients CBF Indústria de Gusa (CBF) and other Brazilian iron companies was covered in an article, "Brazilian Cos. Get OK Of Seizure Order In $48M Award Row," published by Law360.
Day Pitney Press Release
Day Pitney's representation of Haitian businessman Reynold Deeb is noted in an article, "11th Circ. Revives Haitian Businessman's Defamation Suit," published by Law360.