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Supreme Court Narrows FDCPA’s Definition of Debt Collector
  • Davis Wright Tremaine LLP
  • USA
  • June 27 2017

Debt buyers generally are considered “debt collectors” under the Fair Debt Collection Practices Act (“FDCPA”). However, on June 12, 2017, the Supreme

Federal Tax Service develops concept of unjustified tax benefit
  • Gorodissky & Partners
  • Russia
  • June 23 2017

The Federal Tax Service recently issued a notification entitled On Identifying the Circumstances of an Unjustified Tax Benefit, which summarises the

LMA Updates Terms and Conditions for Par and Distressed Debt Trades
  • Schulte Roth & Zabel LLP
  • USA
  • June 22 2017

On 13 June 2017, the Loan Market Association (the ‘LMA’) released updated Standard Terms and Conditions for Par and Distressed Trade Transactions

Supreme Court: FDCPA Doesn’t Cover Owned Debt
  • Manatt Phelps & Phillips LLP
  • USA
  • June 22 2017

A bank or other person may collect debts that it purchased for its own account without triggering the statutory requirements of the Fair Debt

Resolving the FDCPA Circuit Split: Purchasers, Participles, and Policy
  • Greenberg Traurig LLP
  • USA
  • June 20 2017

On June 12, 2017, the United States Supreme Court held that purchasers of debts originated by another are not “debt collectors” under the Fair Debt

Supreme Court Holds That Purchaser of Defaulted Debt Is Not “Debt Collector” Under FDCPA
  • Riker Danzig Scherer Hyland & Perretti LLP
  • USA
  • June 20 2017

In a significant decision for banks and the lending industry as a whole, the United States Supreme Court recently clarified that purchasing and

An Important Ruling for Secured Lenders - Ninth Circuit Holds that the Proper Cramdown Valuation is Replacement Value
  • Squire Patton Boggs
  • USA
  • June 19 2017

In an important decision for secured creditors, the Ninth Circuit recently held that the proper “cramdown” valuation of a secured creditor’s

Debt Collector Defined: Supreme Court Exempts Debt Purchasers
  • McGuireWoods LLP
  • USA
  • June 19 2017

On behalf of a unanimous Supreme Court, Justice Neil Gorsuch delivered his first opinion on June 12 to determine whether debt purchasers fall within

First Gorsuch opinion: US Supreme Court a company that purchases and then collects a debt is not a "debt collector" under the FDCPA
  • DLA Piper LLP
  • USA
  • June 16 2017

On Monday, Justice Neil Gorsuch showed off his fondness for alliteration, canons of statutory construction and folksy writing in his first opinion as

Cross Border Insolvency Regulations 2006- UK recognition of Azerbaijan Restructuring Proceedings
  • Squire Patton Boggs
  • United Kingdom
  • June 15 2017

The English courts have recently wrestled with the Cross Border Insolvency Regulations 2006 (“CBIR”) in a case about the lifting of the automatic