West Virginia Record

Monday, December 9, 2019

JP Morgan Chase seeks declaratory relief from state


By Jenie Mallari-Torres | Jun 29, 2018

General court 06

HUNTINGTON — JP Morgan Chase is suing Huntington, the state of West Virginia and two individuals,  seeking declaratory relief.

JP Morgan Chase Bank NA filed a complaint in Cabell Circuit Court against Michael K. Belcher, Amanda B. Saider, City of Huntington and State of West Virginia, alleging failure to pay off a promissory note. of $68,400..

According to the complaint, on May 7, 2013, JP Morgan Chase acquired the deed of trust for a real estate in Huntington. The suit says JP Morgan seeks the court's exercise of its equitable powers to declare petitioner as the current holder of the deed of trust notwithstanding the lack of a power of attorney, and declare deed of trust dated April 27, 2004 to have lien priority over all other liens and judgments. 

The plaintiff alleges the defendants obligated JP Morgan to hire and retain attorneys to protect its legal interest.

JP Morgan Chase Bank seeks trial by jury, declaratory relief and any other relief the court deems just. It is represented by attorneys Gregory A. Stout and James P. Tomasik of Reisenfeld & Associates LLC in Cincinnati.

Cabell County Circuit Court case number 18-C-246

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