We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Foreclosure Firm Owes $17M From Defunct Affiliate, Bank Says

Law360, New York (June 29, 2015, 6:02 PM EDT) -- Amegy Bank NA sued a foreclosure and debt-collection law firm in Maryland federal court on Monday alleging it is withholding about $17 million, as well as key electronic records, that are owed to the bank by its now-defunct affiliate.

Amegy said Morris Schneider Wittstadt LLC refused to pay it $17 million and hand over electronic records of foreclosures that are owed to the bank under a 2011 purchase agreement with the now-defunct Butler & Hosch PA, another foreclosure specialist that partially merged with MSW in January....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.