Banking & Finance

New York Banking & Finance Civil Procedure Real Estate

Appellate Division, Second Department

Uncategorized

U.S. Bank v. Pursoo — Fifteen-year service delay defeats foreclosure

/ October 21, 2026

The Second Department upheld dismissal of a mortgage foreclosure after the lender waited roughly 15 years to seek more time for service and offered no excuse for the delay.

South Carolina Administrative Law Banking & Finance Tax

South Carolina Court of Appeals

Uncategorized

Mastercard v. SCDOR — South Carolina transaction-based tax assessment affirmed

/ October 21, 2026

The South Carolina Court of Appeals held that Mastercard performs income-producing activity in the state when its network enables transactions at South Carolina merchants and upheld assessments and failure-to-file penalties.