LexisNexis® Legal Newsroom
Leonard Goldberger of Stevens and Lee on Bankruptcy in Chinese Drywall Litigation

Leonard Goldberger of Stevens & Lee spoke at HB Litigation Conferences' May 18 program on Chinese drywall litigation, specifically on "brewing bankruptcy concerns" in the cases. More information about HB recordings and upcoming events on the subject can be found at LitigationConferences...

Troutman Sanders LLP: New Requirements for Mortgage Creditors Among Changes to Federal Rules of Bankruptcy Procedure

By David N. Anthony and Bill B. Ruhling, II In the aftermath of the economic downturn, the federal government has adopted a number of new programs designed to protect homeowners. Those protections have now been incorporated into the bankruptcy process through new rules of bankruptcy procedure...

Troutman Sanders LLP: Residential lenders beware: Eleventh Circuit affirms strip off in Chapter 7 bankruptcies

By John C. Lynch , Jeffery W. Cavender and Matthew R. Brooks The U.S. Court of Appeals for the Eleventh Circuit has ruled that Chapter 7 debtors can strip off, or void, wholly unsecured mortgage liens. The per curiam opinion, issued May 11, 2012, marks a significant departure from the standard Chapter...

Troutman Sanders LLP: 11th Circuit Upholds Bankruptcy Court’s Finding that Payment to Lender by Borrower Subsidiary Was a Fraudulent Transfer

By Martin W. Taylor and Meghan Canty Sherrill The 2009 bankruptcy court decision commonly known as the TOUSA decision caused shock waves throughout the lending community as it called into question any transaction in which a non-borrower has paid money, pledged collateral or provided a guaranty in...

Ulmer & Berne LLP: Fraudulent Transfer Litigation - The Eleventh Circuit Court of Appeals Deals a Blow to Lenders

By Reuel Ash A highly significant ruling involving fraudulent transfers recently decided by the Eleventh Circuit could have a far-reaching impact on distressed lending and investing. In Senior Transeastern Lenders v. Official Committee of Unsecured Creditors (In re TOUSA, Inc.) , 2012 U.S. App...

Mortgage Servicers Receive Additional Guidance From CFPB As Implementation Deadline Draws Near

By David N. Anthony , John C. Lynch , Alan D. Wingfield , Michael E. Lacy , Scott Kelly , and S. Mohsin Reza On the heels of the release of the final amendments to its new mortgage rules, the CFPB issued a bulletin and interim final rule giving mortgage servicers additional guidance about mortgage...

Real Cases in Real Estate By Andrea Lee Negroni, Esq. – November 12, 2013 Update

Updates for the Week of November 12, 2013 Collection of Condo Fees and Late Charges is Not Subject to the Fair Debt Collection Practices Act . Jo-anne Ullrich, a resident of Wilmington, Delaware, was sued by her condo association, the Beacon Hill Townhomes Condominium Association, for non-payment...