Does a business's principal place of business constitute the sole residency of that business entity?
The following excerpt is from Rescap Liquidating Trust Mortg. Purchase Litig. Residential Funding Co. v. HSBC Mortg. Corp. (In re Residential Capital, LLC), Adv. Proc. No. 13-01820 (MG), Adv. Proc. No. 14-01915 (MG), Adv. Proc. No. 14-01916 (MG), Adv. Proc. No. 14-01926 (MG), Adv. Proc. No. 14-01996 (MG), Adv. Proc. No. 14-02004 (MG), Adv. Proc. No. 14-07900 (MG), Case No. 12-12020 (MG) (Bankr. S.D.N.Y. 2015):
"Under the New York borrowing statute, a business's principal place of business constitutes the sole residency of that business entity." Woori Bank v. Merrill Lynch, 923 F.
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