Raimey Affirmed in all Respects

On December 31, 2014, the United States District Court for the Eastern District of New York, affirmed the Raimey Order in all respects, including sanctions imposed for the various mis­representations by counsel and by the flood insurer retained engineer. The Court examined the “peer review” process used by the Raimey PE firm (US Forensic/“USF”).  The below excerpts from the Order . . . Read More

Impact of the Recent Court of Appeals Decision in Motorola Credit Corp. v. Standard Chartered Bank on New York’s “Separate Entity Rule” and Garnishments Across State Lines

The validity of garnishments and restraints issued out of New York and served upon banks in New York State against accounts opened in other states is an issue which continually arises for banks served with garnishments and restraining notices against their customers’ accounts. There is no easy answer to this dilemma for a garnishee bank, as a garnishee could conceivably . . . Read More