• Megan Knowlton Balne is 2019 Recipient of NJ Bar’s Young Lawyer Award for Professional Achievement

    15-May-2019 Megan Knowlton Balne

    On May 15, 2019 Megan Knowlton Balne was honored with this year’s Professional Achievement Award given by the New Jersey State Bar.  She was honored with the award at the NJ State Bar Convention in Atlantic City which was held on May 15th and 16th, 2019.  Megan was recognized for her significant professional accomplishments, including being appointed by the New Jersey Supreme Court to serve on the District IIIB Ethics Committee this year.  She also serves as a Trustee of the Burlington County Bar Association and is a founding member of the New Jersey Law Journal’s Young Lawyer’s Advisory Board.

  • New New Jersey Foreclosure Laws – What Commercial Lenders Need to Know Now

    14-May-2019 Julie M. Murphy

    With New Jersey securing the #1 spot for states with the greatest number of properties in foreclosure, Governor Murphy signed nine bills into law to manage what the New Jersey legislature views as an on-going foreclosure crisis. The bills largely address foreclosures on residential mortgages and leave the commercial foreclosure process alone. 

    Nevertheless, lenders seeking to enforce remedies against individual guarantors whose guarantees are secured by residential mortgages in New Jersey must pay close attention to the changes in the law.

    Notable differences include:

    • The codification of the New Jersey Foreclosure Mediation Program, which allows certain borrowers to participate in the mediation program
    • The Notice of Intent to Foreclose must include additional provisions relating to foreclosure mediation and the availability of housing counseling
    • The Notice of Intent to Foreclose expires after 6 months if no foreclosure or other legal action to take possession of residential property has been commenced
    • More stringent reinstatement requirements and higher fees for foreclosure complaints dismissed without prejudice for lack of prosecution
    • Shortened statutes of limitations for certain residential foreclosure actions
    • Requirement for the filing of certain creditor contact information with the lis pendens and accelerated sale timeframes with respect to vacant properties
    • Enhanced licensing requirements for mortgage servicers 

    When faced with a troubled credit, contacting experienced counsel with knowledge of state-specific law can give lenders a valuable edge in maximizing recovery. 

    For more information on enforcing residential mortgage obligations against guarantors of commercial debt, contact Julie M. Murphy at 856.355.2992, murphy@hylandlevin.com.

  • Daniella Gordon Speaks at 2019 Atlantic Builders Convention

    19-Apr-2019 Daniella Gordon

    Daniella Gordon was honored to speak at the 2019 Atlantic Builders Convention in Atlantic City about defending against construction lien claims.  The annual Atlantic Builders Convention is attended by over 6,000 builders and trades from throughout the region and country.

  • Hyland Levin Shapiro Attorneys Closed Transactions Valued Over $1.2B

    19-Mar-2019

    For the second year in a row, Hyland Levin Shapiro LLP real estate lawyers closed transactions for our clients with a collective value in excess of $1.2 billion dollars.  Please click here to read more.

  • Harvey Shapiro Honored at Kellman Brown Academy Tribute Dinner

    14-Mar-2019 Harvey N. ShapiroMark D. Shapiro

    On March 14, 2019 Harvey Shapiro was the featured honoree at the Kellman Brown Academy Tribute Dinner for his role as President of the Saltzman Foundation and as a Jewish Community Leader.  He was introduced at the event by his partner and son, Mark Shapiro. Kellman Brown is a premier Jewish Day School in Southern New Jersey.