The Celsius Network bankruptcy case has been a significant event in the cryptocurrency world, leading to numerous legal battles and adversary proceedings. One of the critical aspects of this case is the recently proposed...more
In a significant legal victory for lenders, the Supreme Court of New York recently ruled in favor of our lender client in a residential foreclosure action against the estate of its borrower. This decision confirms that...more
4/8/2025
/ Borrowers ,
Consumer Financial Products ,
Decedent Protection ,
Estate Planning ,
Fiduciary Duty ,
Financial Services Industry ,
Foreclosure ,
Lenders ,
Mortgages ,
New York ,
Notice Requirements ,
NY Supreme Court ,
Probate ,
Summary Judgment
In a recent decision, the Supreme Court in Queens County denied lender’s motion for summary judgment and appointment of a referee to compute in a foreclosure action, finding triable issues of fact, underscoring the importance...more
1/22/2025
/ Borrowers ,
Commercial Litigation ,
Consumer Financial Products ,
Damages ,
Debt Collection ,
Default ,
Equitable Relief ,
Financial Services Industry ,
Foreclosure ,
Loans ,
Mortgage Lenders ,
Real Estate Transactions ,
Summary Judgment
This article discusses a recent court decision upholding a lender’s contractual rights and a borrower’s obligations concerning a cooperative loan and shareholder agreement. The case highlights the importance of clear...more
A recent decision by the United States Bankruptcy Court for the Southern District of New York may have significant implications for digital asset holders and users. The decision, issued on October 24, 2024, granted a motion...more