The mission of the Connecticut Judicial Branch is to serve the interests of justice and the public by resolving matters brought before it in a fair, timely, efficient and open manner.

Administrative Appeal Supreme Court Slip Opinion

by Booth, George


SC20560 - 1st Alliance Lending, LLC v. Dept. of Banking (Administrative appeal; Mortgage lender license revocation; whether defendant had statutory discretion to suspend plaintiff's license and, if so, whether defendant actually and lawfully exercised that discretion; whether defendant was estopped from suspending plaintiff's license; "This appeal requires us to consider, for the first time, the statutory scheme governing the suspension and revocation of a mortgage lender's license. The plaintiff, 1st Alliance Lending, LLC, appeals from the judgment of the trial court dismissing its appeal from the decision of the defendant Jorge Perez, the commissioner of banking, revoking the plaintiff's license to serve as a mortgage lender in the state. The principal issue on appeal is whether General Statutes ยง 36a-492 and the relevant statutory scheme granted the commissioner the legal authority to suspend and revoke the plaintiff's mortgage lender license. We conclude that they did and, accordingly, affirm the judgment of the trial court.")