As New York Times reporter William Glaberson recently reported in his Dec. 29, 2009 article, “The Recession Begins Flooding Into the Courts,” New York State courts closed the year with 4.7 million cases, the highest tally ever.
How the Recession Has Complicated Judgments By Confession
In ordinary economic times, the most common deficiency in applications for judgment by confession is the failure to include sufficient detail concerning the basis for a judgment. Recently, however, the pendulum has swung in the opposite direction. Instead of providing insufficient detail, attorneys have been filing exceedingly complex applications based on sophisticated and voluminous commercial transactions, many of which have been denied because, in short, they are too complicated.
By
Kevin R.j. SchrothThis premium content is locked for LawJournalNewsletters subscribers only
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