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Federal Appeals Court Tells Super Bowl Ticket Purchasers to Take a Hike

Posted by February 3, 2016 , , ,

Perfect timing.  Just a few weeks before Super Bowl 50, a federal appeals court has rejected a class action lawsuit filed by two disgruntled football fans against the National Football League (NFL) for allegedly violating the New Jersey Consumer Fraud Act and New Jersey Ticket Law regarding the sale of Super Bowl tickets. Finkelman v. National Foo ... Read More.

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Lender is Simultaneously Foreclosing During Loan Modification Negotiations – is That Kosher?

Posted by February 1, 2016 , ,

ATTENTION HOMEOWNERS IN FORECLOSURE.  Just because a mortgage lender is negotiating a loan modification doesn't mean the lender has to suspend its rights when the borrower is in default. This is a rather common scenario in our difficult economic times. The bank sends its borrower a letter offering a loan modification. The borrower accepts the ban ... Read More.

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INHERITED IRA NOT PROPERTY BANKRUPTCY ESTATE | NJ

Posted by February 1, 2016 ,

Under federal bankruptcy law, retirement funds are generally exempt from the claims of creditors in bankruptcy proceedings. But in Clark v. Rameker, 134 S. Ct. 2242, 189 L. Ed. 2d 157 (2014), the United States Supreme Court declared that an inherited IRA -received by the beneficiary upon death of the IRA owner - does not fall within the definition ... Read More.

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4-Year Statute of Limitations | Breach of Contract Claims NJ UCC

Posted by January 27, 2016 , ,

In New Jersey, the easiest way to get tripped up in filing a  breach of contract lawsuit is to misconstrue the applicable statute of limitations.  As a general rule, lawsuits for breach of contract in New Jersey must be filed within six (6) years of the date the cause of action accrues.  See N.J.S.A. 2A:14-1.  However, clients and practitioners ... Read More.

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