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Matthew Woods Wins Important Supreme Court Decision The Connecticut Supreme Court's recent decision in OCI Mortgage Corporation v. Carole Marchese, 255 Conn. 448 (2001), was the culmination of years of strategic legal work by Attorney Woods and resulted in a substantial recovery to his client. Seeking to foreclose a mortgage originally owned by a failed bank and acquired through the FDIC, OCI had to contend with a powerful defense by the borrower - the setoff of a much larger debt which the failed bank owed to the borrower. Utilizing the "D'Oench, Duhme" doctrine (pronounced "dench doom"), a federal statutory and judicial doctrine named after a seminal United States Supreme Court decision, Attorney Woods argued that the setoff defense was invalid. The Attorney Trial Referee disagreed and ruled in favor of the borrower. The Superior Court reversed and ordered a foreclosure of the mortgage. The Appellate Court, in turn, reversed and decided in favor of the borrower on four separate grounds. Finally, after granting certification to appeal the Connecticut Supreme Court rejected all four of these grounds and reinstated the judgment of foreclosure in favor of OCI. The client was "quite happy" with the final decision, Attorney Woods said in the understatement of the year. "While we cannot guarantee any result, we do guarantee that we will make every effort to achieve favorable results for our clients." Goldman Gruder & Woods LLC Celebrates Its 8th Anniversary Goldman Gruder & Woods was happy to celebrate its 8th anniversary on September 1, 2003. Founded as a two-lawyer firm with three support staff, the firm now has nine attorneys in three offices, eight paralegals, and many other staff members. Founded primarily as a real estate law firm, we now also provide experienced legal representation in the fields of business transactions, commercial litigation, estate planning, probate administration, health care, condemnation, personal injury, land use, banking, general litigation, family law, and elder care law. We wish to thank our clients, family, friends, and everyone who has referred new clients to us. We hope and expect to continue to enjoy servicing our clients for many years to come. Matthew B. Woods Continues as Milford Trial Counsel The City of Milford is fortunate to have appointed Matthew B. Woods as its Trial Counsel. In this capacity, Attorney Woods will be handling the City's property tax appeals, zoning appeals, and other litigation matters. "This work enables me to make a contribution to my own community while becoming a leading practitioner in zoning appeals and tax appeals in the State of Connecticut," Attorney Woods points out. "I am able to represent property owners and developers in any other Connecticut municipality in these matters." |
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