Jeffrey D. Grossman
Partner
Experience
Appellate Court Victory for Hyperion Bank in Significant Title Dispute Litigation
Stradley Ronon’s client, Hyperion Bank, was victorious in a significant decision for the banking industry. On July 28, 2022, the Superior Court of Pennsylvania affirmed the dismissal of a lawsuit against Hyperion Bank. The suit alleged fraudulent deed transfers and sought to render the transfers and Hyperion’s mortgage and other security interests null and void. The Court held that an action challenging a deed transfer accomplished through a sheriff’s tax sale pursuant to 53 P.S. § 7283, even assuming that such a challenge could survive the “absolute title” conveyed by the sheriff, is subject to a six-year statute of limitations and that the equitable doctrine of laches also precluded the plaintiff/appellant’s claims which challenged the tax sale and the bank’s security interests in the real estate approximately seven years later.
Jeffrey D. GrossmanIntraprise Solutions Teams with HEP and BluePrint to Launch Intraprise Health
Stradley Ronon represented Intraprise Solutions in its teaming with Health Enterprise Partners (HEP) and BluePrint Healthcare IT to launch Intraprise Health, a provider of customized, secure engagement/CRM solutions and security services that allow providers and business associates to safely and confidently collaborate with patients in a health, wellness and care delivery environment.
Intraprise Solutions is a provider of specifically tailored information technology solutions that create value for large financial services firms and forward-thinking healthcare organizations.
Jeffrey D. GrossmanCapitol Insurance Sold to Reservoir Capital Group and Tuscarora Wayne Mutual Group
Stradley Ronon represented Capitol Insurance Company, a provider of competitively priced personal motor vehicle insurance, in its sale to Reservoir Capital Group, L.L.C., a privately held investment firm, and Tuscarora Wayne Mutual Group Inc., a specialty property & casualty mutual insurance company.
Jeffrey D. GrossmanMcCormick Spices Up its BBQ Seasoning Line with $100M Acquisition
Stradley Ronon represented McCormick & Company, Incorporated in its $100 million acquisition of the stock of One World Foods, Inc., the maker of Stubb’s barbeque sauces, rubs and marinades. The acquisition of Stubb's complements McCormick's range of grilling items with the addition of authentic, craft barbeque sauces. McCormick is a global leader in flavor – manufacturing, marketing and distributing spices, seasoning mixes, condiments and other flavorful products.
Alycia M. Vivona, Christopher W. Rosenbleeth, Catherine M. Ward and Jeffrey D. GrossmanCourt Dismisses Bond Claimant's Damages
Samuel Grossi & Sons, Inc. v. United States Fidelity & Guaranty Co., et al. – Our team convinced the court to dismiss a bond claimant’s alleged damages, as such damages were not covered by the payment bond.
Jeffrey D. GrossmanPurported Pass-Through Claims Dismissed
Havens Steel Company v. Driscoll/Hunt – We successfully dismissed the purported pass-through claims of a construction manager, which the construction manager attempted to assert against its steel subcontractor.
Jeffrey D. GrossmanLitigation: Pennsylvania Procurement Code Prohibits Performance Bond
University of Pittsburgh v. United States Fidelity & Guaranty Co. – We successfully argued that the Pennsylvania Procurement Code prohibited the assignment by an owner of its rights under a performance bond to an assignee, depriving the assignee of standing to assert a bond claim.
Jeffrey D. GrossmanPerformance Bond Obligee Claims Deemed Invalid
Multi-Phase, Inc. v. United States Fidelity & Guaranty Co., et. al. – Stradley Ronon successfully had a performance bond obligee’s claims deemed invalid for damages allegedly caused by the bond principal’s delay in progress of work, successfully arguing that such delay damages were not covered by the performance bond.
Jeffrey D. Grossman
