Foreclosure Halted for Couple Who Say They Were Tricked Into Selling Home Jul 23, 2008
It is "certainly questionable" that Sholomov, who also was in default, was a "bona fide purchaser for value," wrote the judge, as the Dizzazos continue to reside in their Glen Cove home, and the transaction only required a down payment of $1,000 for a home worth roughly 600 times more. In turn, while Washington Mutual "is not directly implicated as 'equity purchaser'" because of its loan to Sholomov, Palmieri held the bank "still must be charged with knowledge, through its agent, of the possible... (Law.com)
Nedbank was dishonest in auction - judge May 5, 2008
The applicants stressed that BoE - which was subsequently purchased by Nedbank - could not be regarded as a bona fide purchaser. It had no right to confirm bids because the auction was not a sale in execution of a judgment debt but a sale in liquidation. (Business Report, South Africa)
Director wants houses back after dodgy Nedbank auction May 5, 2008
He claimed that what Nedbank and the joint liquidators did was illegal, and that Nedbank was never a bona fide purchaser. "The properties were never theirs to sell.". (Business Report, South Africa)
Judge turns down appeal on Enron ruling Sep 25, 2007
On Monday, however, Scheindlin said the trade groups' concerns were "not significant." Springfield, which formally sought the appeal, should take comfort in her Aug. 27 decision, she said, because the company would have a chance to prevail in a trial before Gonzalez about whether it was a "bona fide purchaser" of Enron's bankruptcy claim. Click for related content. (MSNBC -- Crime)
Housing Counsel: Tenant Rights Are Paramount Jun 4, 2007
The buyer also tried to argue that it was a bona fide purchaser, without notice of any irregularities regarding TOPA, and thus the case should be dismissed against it. The trial court (Superior Court) agreed with the defendants, and held. (RealtyTimes)
