Bordetsky v. JAK Realty Trust

David Bordetsky filed a complaint for foreclosure against JAK Realty Trust, alleging that Gregory O’Halloran, as trustee of the Trust, executed a promissory note secured by a mortgage on property located in Benton and that the Trust had defaulted on the note. After a nonjury trial, the court issued a judgment in favor of the Trust, concluding that Bordetsky was required to, but did not, comply with the requirements for a notice of default and right to cure contained in Me. Rev. Stat. 14, 6111. The Supreme Judicial Court vacated the judgment, holding that the requirements for a notice of default and right to cure contained in section 6111 did not apply to Bordetsky’s foreclosure action against the Trust. Remanded. View "Bordetsky v. JAK Realty Trust" on Justia Law