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CW Cadwalader, Wickersham & Taft LLP More Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations.
In a recent decision in New York County Supreme Court,1 the Court granted the plaintiff lender's pre-summary judgment motion to appoint a receiver in a mortgage foreclosure action, even though the defendants (borrower) vehemently disputed the foreclosing lender's standing to commence the action in the first place. The lender commenced an action in February, 2025 to foreclose a 2017 mortgage, alleging a payment default on the underlying promissory note.
In a recent decision in New York County Supreme Court,[1] the Court granted the plaintiff lender’s pre-summary judgment motion to appoint a receiver in a mortgage foreclosure action, even though the defendants (borrower) vehemently disputed the foreclosing lender’s standing to commence the action in the first place. The lender commenced an action in February, 2025 to foreclose a 2017 mortgage, alleging a payment default on the underlying promissory note.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
