November 20, 2012
Federal District Court in Texas Rules That Third-Party Lacks Standing in Recording-Fee Case
It appears that although courts may be receptive to claims about lost recording fees because of MERS, they won’t hear cases brought by third parties (at least, not in federal court). The citizens of a Texas county brought the claim … Continue reading
November 20, 2012 in Downstream litigation by date | Permalink | No Comments
Nevada Supreme Court Unanimously Rejects Irreparable Split Theory and Grants Bank Standing
In Edelstein v. Bank of New York, the Nevada Supreme Court unanimously rejected the irreparable split theory. The theory was brought up to challenge the Bank’s standing to foreclose on the plaintiff’s property. The irreparable split theory provides that a … Continue reading
November 20, 2012 in Downstream litigation by date | Permalink | No Comments