On April 1, 2013, Governor Chris Christie signed into law a three-bill package designed to make New Jersey businesses more competitive in the global marketplace, attract new businesses to New Jersey, and make New Jersey law...more
4/4/2013 - Amended Legislation Business Development Derivative Suit Global Marketplace Mergers Shareholder Rights Shareholder Votes Shareholders
In two recent decisions, the Superior Court of New Jersey, Chancery Division, Bergen County, held that homeowners may defend against foreclosure actions by asserting that lenders acted in bad faith with respect to post-notice...more
3/7/2013 - Bad Faith Foreclosure Lenders Loan Modifications Mortgages
In Marx v. General Revenue Corp., decided on February 26, 2013, the United States Supreme Court, by a margin of 7-2, held that a debt collector sued by a borrower under the Fair Debt Collection Practices Act ("FDCPA") may...more
2/28/2013 - Attorney's Fees Debt Collectors FDCPA General Revenue Corp. Legal Costs Prevailing Party SCOTUS Student Loans
The Court’s decision re-affirmed New York’s strong policy of (1) encouraging domestic and international commercial entities, including those who have little or no contact with New York, to choose New York’s “well-developed...more
2/8/2013 - Choice-of-Law
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