Maddox v. Bank of N.Y. Mellon Trust Co., N.A., No. 19-1774 (2d Cir. 2021)
Annotate this CaseThe Second Circuit vacated the district court's denial of the Bank's motion for judgment on the pleadings. In this case, the district court concluded that plaintiffs have Article III standing to sue the Bank for violating the timely recordation requirements imposed by New York State's mortgage-satisfaction-recording statutes and certified the question for interlocutory appeal. The court held, however, that plaintiffs' allegations fail to support their Article III standing, and that they may not pursue their claims for the statutory penalties imposed by the New York Legislature in federal court. In this case, plaintiffs have not suffered a concrete harm due to the Bank's violation.
This opinion or order relates to an opinion or order originally issued on May 10, 2021.
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