United Law Group to Appeal Ruling in Case Against Bank of America and Subsidiary Countrywide House Loans


Irvine, CA (Vocus) February eight, 2010

United Law Group will appeal the dismissal of their suit against Bank of America and its subsidiary Countrywide Property Loans in the 19th Circuit Court of Appeals. Previously denied their motion to dismiss the lawsuit in the Santa Ana Federal Court, Bank of America attorney argued that the bank had the proper to slander United Law Group simply because of Californias anti-SLAPP (Strategic Lawsuit Against Public Participation) law. U.S. District Judge Andrew J. Guilford agreed to dismiss the case primarily based on the laws broad-sweeping language, which delivers protection to massive corporations.

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The anti-SLAPP statute cited by the judge in this case has been amended 5 occasions and has more than 330 distinct legal opinions. The ruling fundamentally says that its okay for corporations to slander in the name of enterprise, mentioned United Law Group Managing Director Robert Buscho. If a man on the street stated the items that the Bank of America representatives said they would be liable. Anti-SLAPP law provides protections to massive corporations that the average individual does not have. The language employed to frighten and confuse home owners hurt those property owners and United Law Groups reputation. It appears that the banks do not want buyers to have legal representation throughout this method and will do what ever they can to ensure that happens.

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The ruling came just one particular week just before New York’s lawyer general charged Bank of America Corp., its former Chief Executive Kenneth Lewis and former Chief Economic Officer Joe Value with fraud for allegedly misleading shareholders about the bank’s acquisition of Merrill Lynch &amp Co.

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When men and women call their bank, they trust that they are becoming told the truth, said Buscho. Distressed home owners are in a tenuous position. Granting banks the appropriate to say whatever they want without having recourse opens up a Pandoras box, specifically when it is clear from the recent fraud charges that there are challenges with ethics and honesty internally.

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The original case was filed in the Superior Court of the State of California County of Orange Central Justice Center against Bank of America and its subsidiary Countrywide Property Loans, Inc. for tortuous interference with contract, defamation (slander) and unfair organization practices (pursuant to B&ampP Code