Sign In
Events
Newsletters
Search

Close

Close Search

Cancel

SEARCH
MY LAW.COMNEW

ESTATE OF SYLVIA NUER, Deceased

ESTATE OF SYLVIA NUER, Deceased (15/1594/A) — In this application by a secured creditor seeking the issuance of letters of administration to the Public Administrator, limited to accepting service in a foreclosure action, the petitioner was unable to identify any known distributees of the decedent, but obtained jurisdiction over the Public Administrator who declined to serve on the ground that it determined that the realty at issue is the only asset of the estate, the mortgage arrears exceed the equity value of the property, and there would not be any resultant funds to be administered.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ESTATE OF SYLVIA NUER, Deceased (15/1594/A) — In this application by a secured creditor seeking the issuance of letters of administration to the Public Administrator, limited to accepting service in a foreclosure action, the petitioner was unable to identify any known distributees of the decedent, but obtained jurisdiction over the Public Administrator who declined to serve on the ground that it determined that the realty at issue is the only asset of the estate, the mortgage arrears exceed the equity value of the property, and there would not be any resultant funds to be administered.

The creditor opposes the declination stating it has no recourse absent the appointment of the Public Administrator, as it would be an inherent conflict of interest for it to serve as administrator and defend the foreclosure action and, as there are no eligible distributees, the Public Administrator should serve as administrator of the estate.

Trending Stories

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

LEARN MORE

More From ALM

Premium Subscription
With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Team Accounts
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Bundle Subscriptions
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
Go to CLE Center
GlobeSt. Multifamily Fall 2024
October 15, 2024
Los Angeles, CA

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!


Learn More
California Legal Awards 2024
October 15, 2024
Los Angeles, CA

Law.com celebrates the California law firms and legal departments driving the state's dynamic legal landscape.


Learn More
Texas Legal Awards 2024
October 15, 2024
Dallas, TX

The Texas Lawyer honors attorneys and judges who have made a remarkable difference in the legal profession in Texas.


Learn More
Go to Events Go to Webcasts
Finance/Corporate Trust Attorney - CT or Remote

We are seeking an attorney with a minimum of four years of experience in transactional work to join our well-established, nationally renowne...


Apply Now ›
Attorney/In-House General Counsel - Pennsylvania

The Insurance Adjustment Bureau, Inc., Plymouth Meeting, PA, a respected industry leader seeks an attorney with a minimum of 3-7 years exper...


Apply Now ›
Attorney

McDermott Law, LLC, a boutique Plaintiffs-focused firm located in the Denver Tech Center, has an opening for a full-time associate attorney....


Apply Now ›
Go to Lawjobs