Success Stories

Our Firm represented a major financial institution in closing a $1.8 billion mortgage warehouse line of credit to a major nationwide residential mortgage lender.

Our Firm successfully defeated a $25 million lawsuit, at both the trial and appellate level, brought by a major financial institution against a major nationwide mortgage lender seeking to enforce a money judgment based on a de facto merger theory.

Our Firm successfully recovered approximately $1.2 million embezzled by an employee of a major financial institution by pursuing remedies in both state court and in criminal forfeiture proceedings in the U.S. District Court.

Our Firm successfully defended a co-op lender at a bench trial in U.S. District Court in a truth-in-lending case in which the borrower sought an overturn of the loan and damages for alleged violations of the truth-in-lending statute and Regulation Z of the Federal Reserve Board. Our Firm also successfully defended the Borrowers appeal to the United States Court of Appeals for the Second Circuit.

Our Firm successfully defended against a forgery claim against a bank by a depositor whose bookkeeper embezzled more than $300,000 by forging the business owner’s signature on numerous checks.

Our Firm handled the Estate Administration of a decedent who died without a will and with many nieces and nephews. The decedent was about to open an antique shop prior to his death and was vested with various classes of valuable personal property that triggered issues of insurance, valuation, auctioning, audit and transportation issues unique to valuable art and other personal property.

Our Firm was engaged by the son of a deceased elderly widower whose sister had taken their father to her upstate New York home just weeks prior to the man’s death, and then filed a petition for the probate of a will in her favor that she had strong-armed her father into signing. Our Firm was able to add an amendment to the death certificate so that the probate contest was moved to the Surrogate’s Court in her father’s county of residence, allowing the client to obtain justice.

Our Firm put an end to a contested estate that had been in Surrogate’s Court for 31 years, and had been with the Firm for the last three years. Numerous real estate issues revolving around a mansion were resolved to our client’s satisfaction and a substantial financial recovery.

Our Firm as title agent for a major national title insurance underwriter insured a $52 million dollar Construction Loan for a grammar school.

Our Firm represented the owners of three apartment buildings in connection with a $45 million Commercial Mortgage Backed Security (CMBS) refinance. This transaction enabled the principals to obtain non-recourse financing at a favorable interest rate and provided significant cash out to the clients.

In New York State Supreme Court, Kings County, Our Firm successfully established that a client was entitled to payment in its mortgage foreclosure action on the basis of equitable subrogation of a mortgage claimed to be usurious, to the extent the new mortgage paid off a prior mortgage that was not usurious.

Our Firm recovered $792,918 from a defendant, which induced a client to release a portion of mortgaged premises from a mortgage lien, based on the promise to provide substitute collateral for the mortgage.

Our Firm prosecuted an appeal for a lender client, reversing a decision of a lower court that set aside deeds and mortgages that had been assigned to the lender client. As a result, the lender was able to recover in full.

Our Firm procured a Court decision subordinating a $26 million mortgage of a major lender to Mechanics Lienors as a result of the lender’s trust fund violations of the lien law.