Chase Files a Federal Lawsuit Against its Former Legal Counsel Ben-Ezra & Katz

April 6, 2011

Chase Home Finance has filed a lawsuit in federal court in Fort Lauderdale against Ben-Ezra & Katz. Ben-Ezra & Katz was the former legal counsel for Chase. The lawsuit alleges that Ben-Ezra & Katz has refused to hand over files from Chase's foreclosure cases. The Mortgages and Promissory Notes contained in these files are valued at over $400 million. If Chase cannot recover these files from the law firm, Chase will not be able to proceed with any of the cases that are currently pending in court. The lawsuit requests that the court issue a temporary restraining order and a permanent injunction requiring Ben-Ezra & Katz to hand over the foreclosure files. Chase claims that the contract between the two parties had a clause that required Ben-Ezra & Katz to return the files immediately after the contract terminated. Ben-Ezra & Katz claims that it has not handed the files over to Chase because Chase owes the law firm more than $5 million.