Kozyak Tropin & Throckmorton is a complex commercial litigation firm founded in 1982 that focuses its practice on bet-the-company commercial cases, class actions, healthcare and bankruptcy matters.
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Borrowers Seek Final OK For $54M Deal In Nationstar Row
/in In the News /by kttlawdevBorrowers accusing Nationstar Mortgage LLC of colluding with force-placed insurance providers to make lucrative profits asked a Florida federal judge on Monday to finalize a $54 million settlement of their class action, calling it an “extraordinary” result for the plaintiffs.
Miami Ultimate CEO Awards
/in In the News /by kttlawdevAs founding partner of Kozyak Tropin & Throckmorton and co-chair of the firm’s bankruptcy practice, John W. Kozyak has earned a host of professional accolades. He has been recognized in every edition of Best Lawyers In America since it was first published in 1983.
11th Circ. Told To Nix BofA $228M Force-Placed Insurance Deal
/in In the News /by kttlawdevTwo members of a settled class action accusing Bank of America NA of accusing the bank of overcharging homeowners for forceplaced insurance told the Eleventh Circuit on Tuesday that the $228 million deal shouldn’t have been approved because the settlement amount is illusory.
Allegedly abusive mortgage insurance deals lead to class action settlement
/in In the News /by kttlawdevAnyone who has taken out a home mortgage knows that one of the borrower’s key responsibilities is to pay hazard insurance premiums on the property and not let the policy lapse. But are you aware that if you fail to keep the insurance current, or if the premiums aren’t paid from your escrow account, the lender or its mortgage servicer can obtain its own coverage, which may cost you more than the policy you originally chose?
Young leaders don’t want the top job
/in In the News /by kttlawdevAt a time when 10,000 boomers a day are retiring, businesses need young workers to lead their companies into the future. But only 11 percent of millennials said they aspire to senior level positions at their company, found a recent study by talent management firm Saba and WorkplaceTrends.com.
Champerty Clarified
/in In the News /by Diane McDermottBy Lawrence V. Geber and David J. Karp Volume 27, Number 7 Click here for the original article.