Banking & Finance

Decision

DeSteph v. Department of Banking

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The trial court properly dismissed this appeal by the plaintiff, Thomas DeSteph, from the final decision of the defendant, Howard Pitkin, commissioner of the Department of Banking.

Decision

Saint Bernard School of Montville Inc. v. Bank of America

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A court is not required to deduct the amount received, as a result of insurance, from the amount awarded for breach of contract.

News

Conn. Gains Allies In Suit Against Ratings Agency

Back in 2010, the Connecticut Attorney General's Office filed a lawsuit against Standard & Poor's Financial Services, accusing the investment rating agency of misleading the public about the value of new types of securities that evenutally helped cause the economic meltdown.

News

Former Secretary of The State Susan Bysiewicz Joins New Law Firm

Even though former Connecticut Secretary of the State Susan Bysiewicz left a corporate law job for a position in public service nearly 20 years ago, she claims she never stopped being a lawyer.

News

City Versus Developer Case Illustrates Different Approaches To Judging

The Appellate Court case of Hartford v. McKeever resulted in markedly different results in the trial and appeals court, highlighting the two main strains of the Anglo-American legal process.

Decision

Odell v. Wallingford Municipal Federal Credit Union

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Social Security disability funds may be exempt from execution, levy, attachment garnishment or other legal process, pursuant to 42 United States Code §407.

News

Defined Benefit Plans Are Making A Comeback

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Pity the poor pension, the defined benefit retirement savings plan. Hardly a day goes by without news that a corporation is bagging its retirement plan or a local government is grappling with the cost of sponsoring one.

News

Be Aware Of Latest Changes In IRS Code

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These credits led to substantial tax savings in past years and the loss of them could impact people financially this year. That is why consulting a tax professional for advice on how to potentially make up these losses could be something people may want to explore.

Decision

Crampton v. Wachovia Bank N.A.

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A bank that enters into a contract with a bank customer possesses the duty not to actively cause the loss of the bank customer's property. In 1998, 1st Union Bank allegedly offered customers who opened certificate of deposits the option to obtain a safe deposit box for free.