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Oregon fed. Court holds request to ‘please’ provide debt dispute in writing violates FDCPA
  • Maurice Wutscher LLP
  • USA
  • November 19 2015

The U.S. District Court for the District of Oregon recently held that a notice provided pursuant to 15 U.S.C. 1692g that also contained additional

Going to market - consumer law update
  • Chapman Tripp
  • Australia, New Zealand, United Kingdom, USA
  • November 12 2015

The risks for organisations from breaching consumer law are high with increased penalties, new fair trading and consumer credit regimes and more

Justices consider Spokeo case with implications for class actions, privacy suits
  • Manatt Phelps & Phillips LLP
  • USA
  • November 19 2015

The U.S. Supreme Court heard oral argument in Spokeo v. Robins, a case based on alleged violations of the Fair Credit Reporting Act that has major

The State AG report weekly update November 19, 2015
  • Cozen O'Connor
  • USA
  • November 19 2015

After previously raising concerns over the impact on competition, seven AGs and the U.S. Department of Justice (“DOJ”) approved the acquisition of

Taking a security interest in a closely held business
  • Sherman & Howard LLC
  • USA
  • November 1 2012

If a loan or extension of credit requires collateral, banks prefer collateral that is readily marketable rather than taking a security interest in a closely-held business

FYI: 2nd Cir holds FDCPA action accrues when injury occurs, not necessarily when violation occurs
  • Maurice Wutscher LLP
  • USA
  • November 26 2015

The U.S. Court of Appeals for the Second Circuit recently reversed dismissal of a federal Fair Debt Collection Practices Act (FDCPA) claim based on

Ohio Court of Appeals pierces the corporate veil in fraudulent conveyance
  • Frost Brown Todd LLC
  • USA
  • November 29 2010

An Ohio Court of Appeals recently ruled that use of a corporation to engage in a fraudulent conveyance resulted in piercing the corporate veil to impose personal liability on the 100 owner, Flagstar Bank, FSB v. Sellers, 12th Dist. No. CA2009-11-287, 2010-Ohio-3951

U.S. Supreme Court hears argument on viability of ‘no-injury’ class actions under Fair Credit Reporting Act and other statutes
  • Jackson Lewis PC
  • USA
  • November 10 2015

Whether a plaintiff who alleges no injury may bring a lawsuit, including a class action, based on a violation of statutory rights was the central

Corporate officers and personal liability: watch what you sign
  • Kelley Drye & Warren LLP
  • USA
  • October 19 2011

Although a company is legally considered enough of a “person” to apply for a loan or enter into another type of contract, an actual human being usually an officer or partner has to sign his or her name to the document

A word of caution to co-guarantors: do not assume you will be reimbursed for partial payments of a common liability
  • Barnes & Thornburg LLP
  • USA
  • January 24 2011

Suppose you are one of multiple individual owners of a company, and you all agreed to guarantee the company's loan from a bank