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Cullen and Dykman LLP successfully defended several lenders in an action pending in the U.S. District Court, Southern District of N.Y.

March 19, 2014

Cullen and Dykman LLP successfully defended several lenders, including JPMorgan Chase Bank, NA, (“Lenders”) in an action pending in the United States District Court, Southern District of New York.  The lawsuit was commenced by disgruntled borrowers, Antonio Castellano, as Administrator of the Estate of Michaelangelo Castellano, and Vito Castellano (“Plaintiffs”) stemming from a residential loan and subsequent successful foreclosure of that loan.  Plaintiffs alleged several causes of action against the Lenders and the attorneys who represented the Lenders in the foreclosure action including fraud, wrongful foreclosure and violation of several statutes and regulations.  By Opinion and Order of the Hon. Nelson S. Roman, United States District Judge, dated March 13, 2014, the Court granted Cullen and Dykman LLP’s motion to dismiss on behalf of the Lenders and closed the case.