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Commercial Mortgage Litigation Third Quarter 2009 Mortgage Litigation Report

Commercial Mortgage Litigation
Third 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
na Extended Stay Inc. U.S Bankruptcy Court for the Southern District of New York na Counsel for unsecured creditors in Chapter 11 bankruptcy case selected. in re Extended Stay na na www.mortgagedaily.com/Lawsuits091509.asp
Howard Walder, Berta Walder, Tom Hirsh, Harish Shah, Radical Bunny LLC Securities and Exchange Commission US District Court for District of Arizona na Four individuals are charged with promoting fraudulent investments, assuring investors that funds would be invested in a broad range of commercial real estate ventures while limiting investments to a small batch of high risk investments. Fund in addition failed to register with SEC. SEC v. Radical Bunny LLC, et al Case No. 2:09-cv-01560-SRB 7/28/2009 www.mortgagedaily.com/SecMtgLtd072809.asp

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