Walter M. Potenza v. Deutsche Bank National Trust Company, as Trustee for the Registered Holders of CBA Commercial…

Summary

The Supreme Court affirmed the Superior Court’s grant of judgment on the pleadings in favor of Deutsche Bank, holding that the plaintiffs failed to meet the stringent elements required for an independent action under Rule 60(b) and that the trial court correctly applied the Rule 12(b)(6) standard to the Rule 12(c) motion. The Court also found the plaintiffs’ alleged fraud claim insufficient as a matter of law and upheld the validity of the appeal despite its premature filing.