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Clasis Law | India | 7 Jun 2021

MCA21 Version 3.0

Finance Minister Nirmala Sitharaman announced in the Union Budget 2021 that the government would soon introduce a newer version of the MCA21 (MCA21…

Davis Wright Tremaine LLP | USA | 27 Jun 2017

Supreme Court Narrows FDCPA’s Definition of Debt Collector

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

Gorodissky & Partners | Russia | 23 Jun 2017

Federal Tax Service develops concept of unjustified tax benefit

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

Manatt Phelps & Phillips LLP | USA | 22 Jun 2017

Supreme Court: FDCPA Doesn’t Cover Owned Debt

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

Schulte Roth & Zabel LLP | USA | 22 Jun 2017

LMA Updates Terms and Conditions for Par and Distressed Debt Trades

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

Greenberg Traurig LLP | USA | 20 Jun 2017

Resolving the FDCPA Circuit Split: Purchasers, Participles, and Policy

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…

Riker Danzig Scherer Hyland & Perretti LLP | USA | 20 Jun 2017

Supreme Court Holds That Purchaser of Defaulted Debt Is Not “Debt Collector” Under FDCPA

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

McGuireWoods LLP | USA | 19 Jun 2017

Debt Collector Defined: Supreme Court Exempts Debt Purchasers

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

Squire Patton Boggs | USA | 19 Jun 2017

An Important Ruling for Secured Lenders - Ninth Circuit Holds that the Proper Cramdown Valuation is Replacement Value

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

DLA Piper | USA | 16 Jun 2017

First Gorsuch opinion: US Supreme Court − a company that purchases and then collects a debt is not a "debt collector" under the FDCPA

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