Latest 2 Cases: Abrams v. Sanson (Personal Injury), 9352 Cranesbill Trust v. Wells Fargo Bank, N.A. (Real Estate & Property Law)

Which Laws Apply to Broker-Dealers? Federal Laws? State Laws? Both? General Principles Leading to an Answer

TAMAR FRANKEL

BU Law emerita professor Tamar Frankel explains the law of preemption as it pertains to broker-dealers and their investor clients. She predicts, among other things, that either the clients will demand that broker-dealers adhere to a fiduciary duty, or else that states will impose that duty on them.

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Abrams v. Sanson

Citation: 136 Nev. Adv. Op. No. 9

Opinion Date: March 5, 2020

Judge: Stiglich

Areas of Law: Personal Injury

In this defamation action, the Supreme Court affirmed in part and reversed in part the district court's orders granting the anti-SLAPP special motions to dismiss filed by Steve Sanson and Louis Schneider, holding that Sanson's allegedly defamatory statements regarding Jennifer Abrams' conduct at and following a family court proceeding against Schneider, opposing counsel, fell within the protection of Nevada's anti-SLAPP statutes but that the district court erred as to Sanson's private telephone statements to nonparty David Schoen. Schneider allegedly gave video of a closed-court hearing in the family law case to Sanson, who published articles on his website concerning Abrams' courtroom conduct and practices. The articles were sent to email subscribers and published through social media outlets. Abrams sued Sanson and Schneider alleging, inter alias, defamation. The district court granted Defendants' special motions to dismiss. The Supreme Court affirmed in part and reversed in part, holding (1) Sanson met his burden under the first prong of the anti-SLAPP analysis, and Abrams did not prove with prima facie evidence a probability of prevailing on her claims; and (2) the district court erred as to Sanson's statements to Schoen because private telephone conversations are not statements made in a place open to the public or in a public forum.

9352 Cranesbill Trust v. Wells Fargo Bank, N.A.

Citation: 136 Nev. Adv. Op. No. 8

Opinion Date: March 5, 2020

Judge: Kristina Pickering

Areas of Law: Real Estate & Property Law

In this homeowners' association (HOA) lien foreclosure dispute between the holder of the first deed of trust on the property and the assignee of the buyer at the lien foreclosure sale the Supreme Court held that while a homeowner can cure a superpriority default the district court did not decide whether the homeowner's partial payments in fact cured the superpriority lien default. After receiving a notice of delinquency, the homeowner made partial payments to the HOA but did not specify whether she wanted the HOA to apply to the superpriority or subpriority portion of the lien. The district court concluded that because the homeowner's payments exceeded the defaulted superpriority lien amount the default was cured such that the foreclosure sale did not extinguish the first deed of trust. The Supreme Court affirmed the district court's decision denying summary judgment to the buyer's assignee but vacated its grant of summary judgment to the holder of the first deed of trust, holding that the homeowner has the ability to cure a default as to the superpriority portion of an HOA lien, and allocating partial payments by a homeowner to her HOA depends on the intent and actions of the homeowner and the HOA.