Insights

Bank Officers May Be Liable for Poor Loan Decisions Under a Theory of Negligence

The United States Court of Appeals for the Fourth Circuit recently vacated a lower court’s grant of...

NJ App. Div. Holds Wages Due to Employees on Date of Levy are Exempt from Lien on Debtor’s Bank Acct

On May 8, 2015, in a decision approved for publication, the New Jersey Appellate Division held that...

U.S. Supreme Court Holds Borrowers’ Written Notice Within 3 Years of Closing Sufficient to Rescind

On January 13, 2015, the United States Supreme Court held that a borrower may properly exercise his...

NJ Appellate Division Makes Two Significant Holdings in Servicer/Mortgagee Case

New Jersey Appellate Division Makes Two Significant Holdings in Servicer/Mortgagee Case The Timely Delivery of Note and Mortgage Afforded...

NY Appeals Court Reaffirms “Separate Entity” Doctrine, No Garnishment of Funds in Foreign Accounts

Court of Appeals Reaffirms the “Separate Entity” Doctrine and Prevents Garnishment of Funds Held in Foreign Accounts...

Banking Litigation Alert August 2014

Top New York Court Allows Parties to Amend UCC Notice Requirement for Forged Checks In a decision consistent...

Changes To New Jersey’s Court Rule Governing Non-Party Discovery For Proceedings In Other States

Litigation Alert October 2014 Changes To New Jersey’s Court Rule Governing Non-Party Discovery For Proceedings In Other...

NJ Supreme Court Holds That a Non-Customer’s Negligence Claim Against a Bank is Precluded by the UCC

New Jersey Supreme Court Holds That a Non-Customer's Negligence Claim Against a Bank is Precluded by the...

Gonzalez Provides Lessons for Borrowers, Lenders

This article originally appeared in the Summer 2012 issue of New Jersey Banker Magazine.