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Search results for "lien law"

1208 results found for "lien law"

  • Fourth Department Applies the Common-Law “Partial Payment Exception”, which Starts the Statute of Limitations on a Mortgage Foreclosure Action to Run Anew

    Blog article entitled: “ Revive a Time-Barred Claim Using § 17-101 of New York’s General Obligations Law situations where certain writings acknowledging a mortgage debt, that comply with General Obligations Law where the action is commenced against them after the expiration of the statutory period because the law Similarly, the “common-law, partial payment exception to the statute of limitations …, if proven, has did not give value or who had actual notice of the making of the payment ( see General Obligations Law

  • Problems Related to “Short” Return Dates on Notices of Motion for Summary Judgment in Lieu of Complaint Pursuant to CPLR 3213

    permitting a plaintiff, under certain circumstances, to obtain summary relief at the very beginning of a lawsuit plaintiff may serve with the summons a notice of motion for summary judgment and the supporting papers in lieu As previously noted, lawsuits involving promissory notes, guaranties and settlement agreements may be As set forth in CPLR 3213, the minimum time for the return date for a motion for summary judgment in lieu The defective notice of the motion for summary judgment in lieu of complaint mandates dismissal of the

  • Who’s The Real Party in Interest Anyway?

    Further, New York’s Limited Liability Company Law § 802 (b) (i) states that a foreign limited liability within 120 days of its filing (for a certificate of authority) as required under the Limited Liability Law Their reading eviscerates the first clause of section 7 which allowed for lien removal if defendants limited liability company, was barred from initiating suit in New York ( see Limited Liability Company Law bring suit on TVT’s behalf,” notwithstanding the latter’s noncompliance with Limited Liability Company Law

  • Guaranty Provision Referencing “Other Obligations” Held Insufficient To Defeat Motion For Summary Judgment In Lieu Of Complaint

    Haber Over the years, we have examined a motion for summary judgment in lieu of a complaint under CPLR other obligations” that the guarantor claimed required denial of the motion for summary judgment in lieu Plaintiff moved for summary judgment in lieu of complaint against defendants under the Guaranty. the instrument’s terms. 4 “A guaranty may be the proper subject of a motion for summary judgment in lieu The motion court found that plaintiff established its prima facie entitlement to summary judgment in lieu

  • Irrationality, Manifest Disregard of The Law and The Contractual Obligation to Arbitrate Disputes

    private person will resolve any legal disputes between them, instead of a judge or jury in a court of law 10(a) of the FAA, courts have vacated arbitral awards when an arbitrator manifestly disregards the law It requires more than a simple error in law or a failure by the arbitrators to understand or apply it ; and, it is more than an erroneous interpretation of the law. and rendered a well-reasoned opinion that not manifestly disregard the law.”

  • Why Do You Think They Are Called “Necessary Defendants” In Mortgage Foreclosure Actions?

    New York’s Real Property Actions and Proceedings Law § 1311 , which sets forth such “necessary defendants subordinate to the lien of the plaintiff. 4. Where the mortgage is upon any of the public utilities regulated by the public service law, the public Relying on law along the lines set forth herein, the Second Department affirmed and found that “Bennett purchaser fails to use due diligence in examining the title he or she is chargeable, as a matter of law

  • Settlement Agreement Found To Be an Instrument for The Payment of Money Only Sufficient to Grant Summary Judgment In Lieu of Complaint

    Defendant voluntarily agreed to reimburse him for the legal fees and expenses resulting from the Priceless Lawsuit argument that he was under economic duress when he signed the settlement agreement. 17 Under New York law In another email later that day, Brooke and Streit’s lawyer asked Streit to “please confirm you’re ok defense unavailing.” 25 The motion court stated that it was “not persuaded … that a disinterested lawyer Ct., Suffolk County) (the “Priceless Lawsuit”). Slip Op. at *2. Id. Id. Id. at *3. Id. at *2-*3.

  • Revive a Time-Barred Claim in a Mortgage Foreclosure Action Using § 17-105(1) of New York’s General Obligation Law

    Blog’s article entitled: “ Revive a Time-Barred Claim Using § 17-101 of New York’s General Obligations Law where the action is commenced against them after the expiration of the statutory period because the law of lender’s assignee that “the statute of limitations was extended pursuant to General Obligations Law The Court, stated: According to General Obligations Law § 17-105(1), "a promise to pay the mortgage debt mortgage debt, since it was not executed by 1 Eleanor Corp., the deed does not satisfy General Obligations Law

  • Setting Aside Arbitral Awards Are Difficult

    Unless the parties agree to the contrary, the arbitrator is not bound to follow the law. Making a mistake in fact or law is not sufficient to vacate an award. Under federal law, Section 10 of the Federal Arbitration Act governs the grounds upon which a court can Case law makes it clear that New York courts apply these four grounds narrowly, declining more times The plaintiff filed a mechanic’s lien against the property.

  • Mistake, Memory, and Misunderstanding: Why the Release Still Stood

    The Law “Generally, a valid release constitutes a complete bar to an action on a claim which is the subject not sign the release, it was not fairly and knowingly made, and it pertained only to the release of liens fact sufficient to defeat defendants’ prima facie showing of entitlement to judgment as a matter of law Plaintiff’s contention that the January 2020 final release is a release of liens against defendants’ Plaintiff argued that the January 2020 document released only lien rights and not his claim for unpaid

  • Guaranty Provision Requiring Some Additional Performance Obligations Held Insufficient to Defeat Motion for Summary Judgment In Lieu of Complaint

    Haber In past articles, we have examined a motion for summary judgment in lieu of a complaint under CPLR plaintiff may serve with the summons a notice of motion for summary judgment and the supporting papers in lieu .2d 90 (1985), the defendants were officers, directors and shareholders in a company which secured a line Loan was evidenced by a promissory note and secured by, among other things, a first priority mortgage lien As noted, to obtain judgement as a matter of law pursuant to CPLR § 3213, the movant must demonstrate

  • Promissory Notes and Summary Judgment in Lieu of A Complaint

    established sufficiently to warrant directing judgment in favor of the moving party as a matter of law Summary Judgment in Lieu of Complaint CPLR § 3213 provides for accelerated judgment, just like CPLR § To be entitled to judgement as a matter of law pursuant to CPLR § 3213, the movant must demonstrate that court held that the plaintiffs “established their prima facie entitlement to judgment as a matter of law Therefore, the Court granted the motion for summary judgement in lieu of a complaint.

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