Category: Law News
With mortgage rates now at historical lows, and many homeowners still digging out from the financial crisis that struck five years ago, the benefits of refinancing, for these individuals and for the...
Having Your Cake and Eating it Too? No, Not Where the Insurance Policy is Obtained by Fraud
May 21, 2013From time to time, the argument has been made that allowing insurers to retain premiums where policies have been rescinded might deter attempts to procure insurance policies by fraud. If the risk of...
Governor Christie has now signed into law a bill that requires insurers to supply a one-page summary of homeowner's policies explaining “notable coverages and exclusions under the...
BPO, CMA - - a Rose by Any Other Name?
May 7, 2013One of the more contentious issues in the New Jersey real estate community is one that has pitted licensed appraisers against real estate brokers. It involves the preparation by brokers of...
Bill would allow private right of action against insurers for violation of New Jersey Insurance Trade Practices Act
April 29, 2013New Jersey has a well-earned reputation for being a state friendly to insurance policyholders. When it comes to bad faith claims against carriers, however, New Jersey has historically taken a moderate...
A new law for limited liability companies
April 24, 2013The Revised Uniform Limited Liability Company Act (“RULLCA”, N.J.S.A. 42:2C-1 et seq.) became effective March 18, 2013, though for the time being it will apply only to newly created LLCs...
A forged deed is a void deed - - except if it’s ratified
April 3, 2013In a case decided by the Appellate Division on April 3, 2013, Estevez v. Mangiliman, Docket No. A-2097-11T3 (not approved for publication), F&M successfully represented a client whose title was...
New Jersey’s unemployment rate remains stubbornly high at 9 percent, which is 1.4 percent above the national average. The pain is felt not only by workers, but by the State, which must pay out...
A new law (P.L.2012, Chapter 70, approved December 3, 2012) that authorizes lenders to bring summary actions to foreclose mortgages on “vacant and abandoned” residential property became...