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Webster Bank – Real Estate Lit

Successfully represented nationally-chartered bank with respect to fraudulent loan applications submitted by California-borrowers in connection with purchases of investment properties in Florida.  We overcame California’s complex anti-deficiency laws through a strategy whereby deficiency judgments were obtained in Florida and domesticated and enforced in California.  Numerous borrowers filed for bankruptcy protection.  We successfully settled those actions on favorable terms after filing complaints to have the debts deemed non-dischargeable.