On September 20th, Gov. Newsom signed Assembly Bill 2424, a bill that will expand upon California’s Homeowner Bill of Rights statutory regime and add even further restrictions on nonjudicial foreclosure proceedings in the state. The bill contains three critical revisions to existing…
MoreThe following summaries are of recent published decisions of the California appellate courts, the Ninth Circuit, and the United States Supreme Court. The summaries are presented without regard to whether Severson & Werson represented a party in the case.
Interest, Prejudgment, Interest Rate on Judgment on Mixed State and Federal Claims, 2, 6 When a judgment is based on both state and federal claims, without any distinction between the claims, the district court has discretion to select a proper prejudgment interest rate, choosing between the fluctuating federal prejudgment interest rate and the rate provided by state law. Here, the…
MoreMr. Britt defends national lenders and loan servicers in matters relating to lender liability, title claims, wrongful foreclosure, and statutory/regulatory violations. He also handles breach of contract litigation, construction defect, and insurance defense matters. Prior to joining Severson & Werson,…
More