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First-Quarter 2012 Mortgage Litigation Index

Commercial Mortgage Litigation
First-Quarter 2012 Mortgage Litigation Index
Cases related to commercial mortgage lending.

Case Title
Case Number
Date Filed Date of Activity Link to Story
Galante Holdings, TriMont Real Estate Advisors Angelo, Gordon & Co. NY appeals court $150,000,000 Stay upheld blocking sale of Las Vegas hotel. na na December 2011 2/16/2012
Paragon Mortgage Holding LLC MB Financial Bank, N.A. District Court of Appeal of Florida, Second District $4,800,000 Decision finds trial court erred in determining senior indebtedness was satisfied by virtue of transfer between owners. MB FINANCIAL BANK, N.A., as successor to Broadway Bank, an Illinois banking corporation, Appellant, v. PARAGON MORTGAGE HOLDINGS, LLC; VIPUL KABARIA; JUGAL K. TANEJA; INDIRA LALWANI; CHANDRESH S. SARAIYA; and DOWNTOWN ST. PETE PROPERTIES, LLC, Appellees 2D10-3195 na 3/21/2012

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