Cory Mitchell Gray is a commercial litigator representing clients nationally in all aspects of commercial real estate, commercial lending, litigation and counseling, including complex multi-party commercial actions, title and lien priority issues, commercial tenancy disputes, loan workouts and foreclosures, business fraud and land use. Mr. Gray is a former special assistant district attorney in Manhattan and a former public defender in New Jersey. He has litigated in numerous states and foreign countries, and has handled cases from inception to trial (having tried numerous cases to verdict) to ultimate disposition in the U.S. and New Jersey Supreme Courts.
Mr. Gray is co-author of the New Jersey chapter of the ABA treatise Commercial Lending Law and a contributing author of New Jersey Law and Practice, USA Regional Real Estate 2019, Chambers and Partners, and he has been an instructor at the Rutgers University Center for Government Services, Edward J. Bloustein School of Planning & Public Policy. Mr. Gray has been lead counsel in two of the largest real estate foreclosures in New Jersey involving scores of assets and debt in excess of $650 million. Among numerous other reported and unreported cases in which Mr. Gray has represented lenders, developers and title insurers are: United Jersey Bank v. Kensey, 306 N.J. Super. 540 (App. Div. 1997)(a widely cited case outlining a lender’s lack of duty to borrowers in most lending situations); Kane Mitigation LLC v. Earthmark NJ Kane Mitigation Barrier, LLC, 2016 WL 4546302 (Ch. 2017)(a matter of first impression involving lien priority among mortgagee, holder of title through foreclosure sale and ground lessee); Argonaut Development Group, Inc. v. SWH Funding Corp, 150 F.Supp.2d 1357 (D.Fla. 2001)(obtained summary judgment for lender on multiple counts of fraud and breach of joint venture agreement); In re Jersey Tractor Trailer Training, Inc., 580 F.3d 147 (3rd Cir. 2009)(obtained reversal of bankruptcy and district courts’ rulings re: waiver of UCC rights under loan documents); Citibank v. The Singer Company, 684 F.Supp. 382 (S.D.N.Y. 1988)(obtaining preliminary injunction for lender as to collateral).
- Complex commercial litigation
- Real estate litigation and litigation avoidance counseling
- Lending and factoring litigation, transactions and workouts
- Land use and planning
- Appellate advocacy