Lack of Cede & Co. Authorization to Sue is a Curable Defect in Standing Not Requiring Dismissal

Lack of Cede & Co. Authorization to Sue is a Curable Defect in Standing Not Requiring Dismissal

On May 25, 2022, Justice Chan of the New York County Commercial Division issued a decision in Park Royal I LLC v. HSBC Bank USA, N.A., 2022 NY Slip Op. 31715(U), holding that a lack of a Cede & Co. authorization when an action was filed was a curable defect in standing and was not a basis for dismissal . . . Continue reading Lack of Cede & Co. Authorization to Sue is a Curable Defect in Standing Not Requiring Dismissal