§Why CasetextPricing

Deutsche Bank National Trust Company, solely in its capacity as Trustee for the Harborview Mortgage Loan Trust Series 2007-7, Appellant,v.Flagstar Capital Markets Corporation, Defendant, Quicken Loans, Inc., Respondent.

Brief

14 Cited authorities

  1. Ely-Cruikshank Co. v. Bank

    81 N.Y.2d 399 (N.Y. 1993)   Cited 491 times
    Holding that the statute of limitations accrues from time of breach

  2. Deutsche Bank Nat'l Trust Co. v. Quicken Loans Inc.

    810 F.3d 861 (2d Cir. 2015)   Cited 122 times   1 Legal Analyses
    Affirming decision to dismiss good-faith-and-fair-dealing-claim as duplicative of breach-of-contract claim

  3. Hahn Auto. Warehouse, Inc. v. Am. Zurich Ins. Co.

    2012 N.Y. Slip Op. 2344 (N.Y. 2012)   Cited 132 times
    Assuming there is a right to payment when the party has the contractual right to, and does, demand unconditional payment

  4. John J. Kassner & Co. v. City of New York

    46 N.Y.2d 544 (N.Y. 1979)   Cited 310 times   1 Legal Analyses
    Holding that "the cause of action accrues and the Statute of Limitations begins to run from the time of the breach" of a contract

  5. ACE Securities Corp. v. DB Structured Products, Inc.

    112 A.D.3d 522 (N.Y. App. Div. 2013)   Cited 82 times   3 Legal Analyses
    Holding that plaintiff's breach of representations and warranties claims relating to mortgage loans sold to plaintiff by defendant were untimely because "the claims accrued on the closing date of the [mortgage loan purchase agreement], . . . when any breach of the representations and warranties contained therein occurred"

  6. Bulova Watch v. Celotex Corp.

    46 N.Y.2d 606 (N.Y. 1979)   Cited 99 times   2 Legal Analyses
    Holding that the six-year statute of limitations period began anew with each new leak of a roof where contractor had made 20–year guarantee to repair roof

  7. U.S. Bank Nat'l Ass'n v. Greenpoint Mortg. Funding, Inc.

    147 A.D.3d 79 (N.Y. App. Div. 2016)   Cited 23 times
    Explaining that permitting relation back in such circumstances would "simply eviscerate the condition precedent"

  8. Deutsche Bank Nat'l Trust Co. v. Flagstar Capital Mkts. Corp.

    143 A.D.3d 15 (N.Y. App. Div. 2016)   Cited 22 times   1 Legal Analyses

    08-11-2016 DEUTSCHE BANK NATIONAL TRUST COMPANY, solely in its capacity as Trustee of the Harborview Mortgage Loan Trust 2007–7, Plaintiff–Appellant, v. FLAGSTAR CAPITAL MARKETS CORPORATION, Defendant, Quicken Loans, Inc., Defendant–Respondent. WMC Mortgage, LLC, Amicus Curiae. Lowenstein Sandler LLP, New York (Zachary D. Rosenbaum, Michael J. Hampson and Jonathan C. Wishnia of counsel), for appellant. Jones Day, New York (Howard F. Sidman, Heidi A. Wendel and Michael O. Thayer of counsel), for respondent

  9. Lehman XS Trust, Series 2006-4N v. Greenpoint Mortgage Funding, Inc.

    991 F. Supp. 2d 472 (S.D.N.Y. 2014)   Cited 22 times   1 Legal Analyses
    Holding that failure to comply with "cure or repurchase" obligations does not give rise to a separate breach of contract claim

  10. Lehman XS Trust, Series 2006-4N ex rel. U.S. Bank National Ass'n

    643 F. App'x 14 (2d Cir. 2016)   Cited 9 times
    Finding that under New York law, "a breach of contract claim accrues at the time of breach"

  11. Section 17-103 - Agreements waiving the statute of limitation

    N.Y. Gen. Oblig. Law § 17-103   Cited 86 times
    Limiting the effectiveness of " promise to waive, to extend, or not to plead [certain] statute of limitation[] . . . ."