NY 'Shadow Docket' Law Shifts Onus To Foreclosure Lawyers

Law360, New York (August 1, 2013, 7:44 PM EDT) -- A bill signed by Gov. Andrew Cuomo designed to reduce the size of New York's “shadow docket," where thousands of strapped homeowners reside in foreclosure limbo as their costs escalate, will force lenders and their counsel to bring ironclad suits or risk quick dismissals, experts said Thursday.

Wednesday night, the governor signed the legislation, sponsored in the New York State Assembly by Brooklyn Democrat Helene Weinstein and in the state Senate by Bronx Democrat Jeff Klein. The new law requires lawyers not only to declare that...
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