Stern & Eisenberg, along with Managing Shareholder, Steven Eisenberg, Esq., and Shareholder, Jessica Manis, Esq., are proud to be a part of the team submitting a joint amicus curiae brief on behalf of The Legal League and ALFN (Read Brief Here: https://hubs.la/Q03wRFnp0) to the United States Supreme Court in the case of U.S. Bank v. Fox. Our brief supports U.S. Bank’s petition for writ of certiorari, asking the United States Supreme Court to accept jurisdiction and review the New York Court of Appeals decision in the Fox case. The New York Court of Appeals, applying the Foreclosure Abuse Prevention Act (FAPA), rendered U.S. Bank’s mortgage worthless and stripped U.S. Bank of rights that it previously possessed when the loan was originally assigned. U.S. Bank has argued in its submission that the retroactive application of FAPA violated its constitutional rights protected by the United States Constitution under the Takings and Due Process Clauses. We are hopeful that the U.S. Supreme Court will address what we believe to be overreaching provisions of FAPA.
Stern & Eisenberg is proud to stand with its colleagues in the joint effort submitted by the Legal League and ALFN and gives kudos to the entire drafting team: David Rodstein, Esquire of Miller, George & Suggs, PLLC, Natalie Grigg, Esquire of @Tromberg, Miller, Morris & Partners PLLC, Blake Strautins, Esquire of Kluever Law Group, Stephen Hladik, Esquire of Hladik, Onorato & Federman, LLP, along with Steven Eisenberg, Esquire and Jessica Manis, Esquire of Stern & Eisenberg.
The industry is also supported by two addition amicus brief submissions:
• A joint brief from the New York Bankers Association, the American Institute of Servicing and Legal Executives (AISLE), the Mortgage Bankers Association, and the American Bankers Association – Read Brief Here: https://hubs.la/Q03wRF8m0
• A separate brief submitted by USFN – Read Brief Here: https://hubs.la/Q03wRD3l0
Stern & Eisenberg is a member of the Legal League, ALFN, and AISLE:
Read the full ALFN–Legal League Brief Here: https://hubs.la/Q03wRFnp0