Mr. Scheffel is a partner in the Trial Group. He specializes in litigation arising out of the mortgage industry. In that regard, he defends financial institutions against individual and class actions alleging predatory lending, violations of the Truth in Lending Act, the Real Estate Settlement Procedures Act, the Fair Housing Act, the Equal Credit Opportunity Act, and disputes between lenders and securitization trusts. Mr. Scheffel writes and speaks extensively on the subprime market and mortgage industry.
Mr. Scheffel also has extensive experience in commercial litigation involving corporate disputes for breach of fiduciary duty, breach of contract, tortious interference with contract, and misappropriation of trade secrets. He was a law clerk to United States District Judge Arthur D. Spatt of the Eastern District of New York. He was also an assistant district attorney in the Bronx County District Attorney’s Office where he conducted a number of bench and jury trials.
Mr. Scheffel is actively involved in the management of cases before federal and state courts throughout the United States, including New York, New Jersey, Massachusetts, Pennsylvania, California, Florida, Wisconsin and Washington State. Mr. Scheffel is actively involved in representing financial institutions in connection with regulatory investigations related to the mortgage industry.