The borrower abandoned its affirmative claims for relief, filed its answer, and borrower’s counsel withdrew from the case. Borrowers have failed to obtain new counsel, in violation of the court’s order. The pleadings are closed, and the Receiver is preparing to file dispositive motions on its claims to foreclose on the borrower’s loan obligation. Counsel for the Receiver is also in direct contact with the borrower, to pursue settlement negotiations. GJB is also investigating the borrower’s and guarantor’s assets in order to advise the Receiver on settlement and future collection efforts.
Dispositive motions therefore can accelerate the resolution of a claim or lawsuit, promote efficiency, and conserve judicial resources. For example, motions for default judgment, motions to dismiss, and motions for summary judgment all may result in the disposition of claims without a trial.
