News Alert: Spinosa files to block foreclosure of Perkins Rowe

Published Aug 7, 2012 at 5:00 pm (Updated Aug 7, 2012)

Attorneys for developer Tommy Spinosa filed documents late this afternoon to try to block the latest efforts by KeyBank National Associates to foreclose on Perkins Rowe. Late last month, the Ohio-based lender asked the federal district court to let it move forward with the foreclosure, which has been stalled—even though the bank was awarded that legal right nearly a year ago. Spinosa's attorneys had until today to respond to the motion. In their response, they argue that the U.S. District Court for the Middle District lacked the jurisdiction to render a judgment in the case in the first place—an argument they have raised throughout the three-year-old case. Attorneys also argue that several legal issues related to the case must be resolved before a final ruling on the foreclosure can be issued. Attorneys for both sides could not be reached for comment. There is no word on when the court will rule.—Stephanie Riegel