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Commercial Mortgage Litigation First Quarter 2009 Mortgage Litigation Report

Commercial Mortgage Litigation
First Quarter 2009 Mortgage Litigation Report
Cases related to commercial mortgage lending.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to Story
Wachovia Bank, N.A. Granite Development, LLC Guilford County Superior Court, North Carolina na Wachovia was accused of reneging on an agreement to maintain a fixed rate on a commercial mortgage. A judge has halted the bank’s foreclosure on the loan until the lawsuit is decided. na na 2/1/2009 www.mortgagedaily.com/LawsuitWachovia032709.asp

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