SEOUL (Reuters) – South Korea’s health ministry on Thursday reported 14 new cases of Middle East respiratory syndrome (mers), taking the total to 122 in an outbreak that is the largest outside Saudi.
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The latest of these court decisions came down in California on May 20, 2010, in a bankruptcy case called In re Walker, Case no. 10-21656-E-11. The court held that MERS could not foreclose because it was a mere nominee; and that as a result, plaintiff Citibank could not collect on its claim. The judge opined:
RICKIE WALKER CASE, see attached below Therefore, MERS definition of "Holding the Note" is not the legal equivalent of "Owning the Note"; California civil code section 2924 for foreclosure only applies if MERS owned the note. The Second Fatal Flaw – MERS tracking system is not a legal chain of title and the debt may be uncollectible.
Ripoff Report on: mortgage electronic registration Systems, Inc. – Mortgage electronic registration systems inc mers list of fatal flaws in california internet. rickie walker, CASE NO. 10-21656-E-11, MERS registration in California is not retroactive until its complete for the following.
At oral argument, appellants offered In re Walker (Bankr.E.D.Cal. May 20, 2010, No. 10-21656-E-11) 2010 Bankr.LEXIS 3781, to assert that MERS did not have authority to assign the mortgage without holding the promissory note. In that case, Walker obtained a loan from Bayrock Mortgage Corporation (Bayrock) to finance a real estate purchase.
In Re: Walker, Case No. 10-21656-E-11 – Eastern District of CA Bankruptcy court rules MERS has NO actionable interest in title. "Any attempt to transfer the beneficial interest of a trust deed without ownership of the underlying note is void under California law." "MERS could not, as a matter of law, have transferred the note to.
Manuula Save is accused in the Saturday morning death of Michael Walker, 38, who was shot about 1:45. Save was sentenced to probation in that case, she said. Nikoletich said Save was charged with.
All but one of MERS cases in South Korea originated from him, according to the Ministry of Health and Welfare. Meanwhile, two students were kicked out of class at a South Korean university for.
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