Monthly Archives: May 2015

Webster Bank, N.A. v. Dibello Batista, Index No. 450520/14, 1/13/15 (Ramos, J.)

Posted on May 25, 2015 by cdolreic

Contract; standby creditor agreement; notice; condition precedent. By Caroline Faughnan | Staff Writer Defendants were shareholders of a corporation. Plaintiff bank financed the purchase of defendant’s shares from borrowers. This stock purchase agreement (“SPA”) was contingent upon the execution of … Continue reading →

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Morgan Stanley Mortgage Loan Trust 2007-2AX v. Morgan Stanley Mortgage Capital Holdings LLC, Index No. 650339/2013 (Friedman, J.)

Posted on May 18, 2015 by cdolreic

Contract; breach; Residential Mortgage-Backed Securities. By Evan Jaffe | Staff Writer Plaintiff, as Trustee, brought suit for breach of contract for a residential mortgage-backed security (RMBS). Plaintiff alleged Defendant Morgan Stanley, as “sponsor” and “seller” of the Trust, selected the mortgage loans … Continue reading →

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A Day with Justice Oing at the Commercial Divison

Posted on May 11, 2015 by cdolreic

By Kevin Wong | Managing Editor CDOLR Staff Member, Kevin Wong, met with Justice Jeffrey Oing of the Commercial Division on a sunny February afternoon. Kevin was able to gain a perspective into the daily life and thought process of a … Continue reading →

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A Conversation with Jonathan Lupkin

Posted on May 4, 2015 by cdolreic

By Alexa Lofaro | Staff Writer I met with Jonathan Lupkin, a founder of the firm Rakower Lupkin PLLC, to learn about his involvement in the Commercial Division and his work in commercial litigation. Mr. Lupkin grew up with litigation in … Continue reading →

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