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By Allison Dunn | August 15, 2022
"We hold that a law firm that prepares promissory notes or undertakes debt collection activity on behalf of a HOA client is not subject to the MCLL because it is not a 'lender' that is 'engaged in the business of making loans' under the provisions of the MCLL," Judge Brynja M. Booth wrote on behalf of the 7-1 majority. "Rather, a law firm is in the business of providing legal or debt collection services to its client."
5 minute read
By ALM Staff | August 9, 2022
This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
By The Associated Press | August 4, 2022
"In the modern economy, millions of Americans rely on credit to make the most important purchases of their lives, from homes to cars to appliances and everything in between," John Morgan and John Yanchunis, the attorneys representing Nydia Jenkins, said in a statement. "We believe that many of the people impacted—some of whom may still be unaware of what happened—suffered severe financial consequences."
3 minute read
By Barbara M. Goodstein | August 3, 2022
Even if you have a valid and properly perfected security interest, the story doesn't end there. Contractual arrangements can alter the benefits associated with that lien, and therefore it is important to ensure that any contract affecting lien rights is clear and unambiguous.
7 minute read
By Ellen Bardash | August 1, 2022
Attorneys for some of the 82,209 total abuse claimants said Monday they're looking to make adjustments and get a final confirmation order in place within a month.
4 minute read
By ALM Staff | July 27, 2022
This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
By Ellen Bardash | July 27, 2022
The agreement resolves claims that Trident, which was in business until December 2020, focused its pursuit of mortgage lending more on areas found by census data to be predominantly white than on majority-minority areas.
2 minute read
By Adolfo Pesquera | July 22, 2022
The Fifth Circuit said it would not defer to the energy commission's "bizarre view" of contract rejection, even if the commission somehow had the power to administer the Bankruptcy Code.
5 minute read
By Harvey M. Stone and Richard H. Dolan | July 7, 2022
In this edition of their Eastern District Roundup, Harvey M. Stone and Richard H. Dolan report on several recent and significant representative decisions, including reduction of a lengthy prison sentence due to defendant's medical impairments; a holding that, under ERISA, unionized workers had standing to sue trustees of their former union regarding dollar amounts transferred to their new union; and a holding that plaintiffs failed to establish a bank's liability under the Truth in Lending Act regarding disclosures related to their mortgage.
9 minute read
By ALM Staff | July 6, 2022
This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
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Our client, a highly regarded boutique firm with a strong real estate practice, is seeking an associate with 3 or more years of experience i...