Category Archives: Financial Institutions

Financial Institutions

Resolved dispute between financial advisor and financial institution over large commissions from sale of variable annuities.

Financial Institutions

Orchestrated resolution of complex restructuring of commercial properties among owners, lenders, guarantors, and loan services.

Financial Institutions

Claims against financial institutions alleging improper denial of loan modifications under Home Affordable Modification Program (“HAMP”), included breaches of Trial Plan Period (“TPP”) Modification Agreement and protocols.

Financial Institutions

Resolved suit on remand from the 7th Circuit alleging violations of RESPA and FCRA and involving multiple properties.

Financial Institutions — Foreclosures

Resolved dispute alleging bad faith due to foreclosure on high-equity property in which alternative payment plan had been approved.

Financial Institution

Resolved claims regarding foreclosure related to utility company and associated assets held as collateral, and cross claims alleging bank breached fiduciary duties to utility causing it to lose millions in value.

Financial Institutions — Bond Claims

Multi-million claims by bank on its Financial Institution Bond related to fraudulent RV loan scheme by customer

Financial Institution

Resolved dispute between luxury yacht dealer and lender over failure to perfect security interest, leaving lender no collateral on defaulted loans made through dealer financing agreement.

Financial Institution – Fraud

Resolved matter between bank and attorney stemming from Nigerian wire transfer scheme in which hundreds of thousands of dollars were transferred from attorney’s trust account.

Financial Institutions

Claims by construction lenders against title insurers based on multi-million dollar fraud scheme by home builder.

Financial Institutions

Claim against bank by line of credit customers that scheme by former convicted bank employee ruined their credit.

Financial Institutions

Claim involving foreclosure on home without proper notice and after initial foreclosure judgment was set aside.

Financial Institutions

Dispute over competing claims to collateral securing large commercial loans.

Financial Institutions

Principals of a mortgage brokerage company were convicted of diverting monies from a loan escrow account. The lenders deposited funds to be disbursed pursuant to HUD closing statements in an escrow account of the law firm with Bank “A”. The law firm, allegedly negligently, forwarded these funds directly to the mortgage brokers, a principal of […]