Jonathan Robbin
March 07, 2022 | Law.com
Second Circuit Reverses Course and Denies Article III Standing for Statutory Damage Claims Arising Out of Untimely Recording of Mortgage DischargesMaddox v. Bank of N.Y. Mellon Trust does not preclude a borrower from seeking redress in state court for violation of statute and pursuing statutory damages on an individual basis, but the decision narrows a borrower's ability to pursue class damages in federal court for failure to timely record mortgage satisfactions.
By Jonathan Robbin
4 minute read
Trending Stories
More from ALM
- Morgan & Morgan Class Action Attorneys Detail Pathway to Success Within Cybersecurity and Data Privacy Practice 1 minute read
- Holwell Shuster & Goldberg Partners Leverage 'Hostile' Witnesses to Secure $101 Million Verdict Against Walmart 1 minute read
- Legal Speak at General Counsel Conference Midwest 2024: Mike Andolina, Partner, White & Case 1 minute read