Scott Tross focuses his practice in the areas of real estate, creditor's rights and securities litigation.
Scott is an experienced trial and appellate lawyer in New York and New Jersey, who has tried more than two dozen cases to verdict and argued a like number of appeals.
He is also an acknowledged leader in foreclosure law, having foreclosed billions of dollars in commercial real estate mortgages for banks, insurance companies, hedge funds, investment banks and servicers of securitized debt. His seminal treatise on foreclosure law, New Jersey Foreclosure Law and Practice, is a go-to resource on the subject, which is regularly used by the state’s judges and legal practitioners.
Scott has been consistently ranked as one of New Jersey’s leading commercial litigators by Chambers USA (2013-2016).
Trial and Appellate Successes
Clients benefit from Scott’s combination of experience, intellect and street smarts, which has frequently led to litigation successes in high-stakes cases. His representative litigation successes include:
- Reversal in the New Jersey Supreme Court of an Appellate Division decision declaring default rate interest and late charges to be unenforceable
- Dismissal of securities claims filed in connection with the $25 billion leveraged buyout of RJR Nabisco
- Reversal in New York's Appellate Division of a $242 million judgment that would have wiped out a banking client's interest in a Manhattan hotel
- Collection of more than $35 million in defaulted loans from former Penthouse publisher Robert Guccione
- Settlement of a class action lawsuit filed by replacement players against a major league baseball team
- Dismissal of a lawsuit against a global entertainment company seeking an accounting and money damages
- Procurement of a judgment against Mexican boxer Julio Cesar Chavez
- Resolution of a whistleblower claim filed against a corporate client
- Dismissal of a malpractice claim against one of the nation’s largest law firms