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In Part 2 of this two-part episode, host Adam Friedman and appellate attorney Stephen Vargas explore Article 13 LLC v. LSF9 Master Participation Trust—a federal case that could redefine the application of the Foreclosure Abuse Prevention Act (FAPA) in New York. The U.S. Court of Appeals for the Second Circuit has once again asked the New York Court of Appeals to decide whether FAPA applies retroactively—and this time, whether it violates the New York State Constitution. If accepted, the ruling could impact foreclosure timelines and finality for years to come.
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If you have questions about this publication, please contact Adam Friedman, Ralph Vartolo or Michael DeRosa,
Friedman Vartolo LLP, 1325 Franklin Avenue, Suite 160, Garden City, NY 11530, Phone: (212) 471-5100 | Fax: (212) 471-5150.
