Voluntary Dismissal for Borrowers With New Lawyer 
By
Published: February 24, 2011
Tags: Civil Procedure, Judge James C. Cacheris, U.S. District Court - Eastern District
Although defendant lenders have moved for summary judgment, an Alexandria U.S. District Court says plaintiff borrowers who hired a new lawyer who has shown “remarkable diligence” can voluntarily dismiss this complaint and consider re-filing suit.
In 2005, plaintiffs took out a $900,000 construction loan from defendant Countrywide, whose alleged successor is Bank of America. Plaintiffs allegedly ...
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