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October 09, 2007 |

Lender, Brokers Are Sued Over Subprime Crunch

Homeowners squeezed by the subprime mortgage crisis are turning up in New Jersey's federal court, where a half-dozen suits accuse lenders and mortgage brokers of promising favorable terms and then substituting costlier ones, which violates the federal Truth in Lending Act, as well as state and common law. A handful of similar suits have made headlines around the country. One blogger notes that if TILA suits succeed, then subprime mortgage investors could face trouble based on the law's rescission remedy.
5 minute read
December 10, 2003 |

People in the News

Movers and Shakers in the Philadelphia Legal Community.
3 minute read
September 09, 2005 |

PEOPLE IN THE NEWS

Esquire Deposition Services has relocated its offices to Four Penn Center, 1600 JFK Blvd., Suite 1210, Philadelphia. The phone number remains the same as before, 215-988-9191.
3 minute read
September 09, 2011 |

$37.4 million in damages ordered against Cartier supplier

Swiss jewelers Cartier and Van Cleef & Arpels have won a $37.4 million federal court judgment against a New York supplier of knockoff rings, bracelets and other luxury items - thanks to the defendant's failure to answer.
4 minute read
October 12, 2005 |

E-Discovery Tops List of In-House Worries

Electronic discovery is the bogeyman that haunts the sleep of corporate legal counsel, according to Fulbright & Jaworski's annual study of in-house trends. With steep fines and jail sentences being handed out to corporations and executives that violate the Sarbanes-Oxley Act, corporate counsel are taking a closer look at policies guiding record-keeping and disclosure, but the process is increasing litigation burdens and costs.
3 minute read
March 07, 2006 |

Judicial Bias Claims Reach Calif. High Court

Attorneys arguing that California prosecutors routinely excluded Jews from death penalty juries have been asked a tricky question: Does it matter if the court record doesn't establish that any of the excused jurors were actually Jewish? The justices of the California Supreme Court posed that question in a habeas case last month, and they're going to want answers during oral arguments Wednesday. It's a new wrinkle in a case that has fascinated the legal community since 2004.
5 minute read
August 01, 1999 |

Who Was Watching the Watcher?

Gerald Schrager was upset. It was September 1997 and he had just learned that the financial trustee of an ailing, rich, old client had purchased a Mercedes-Benz S-320. "I think you made a terrible mistake," the lawyer recalls telling the trustee who made the purchase. That car would someday be met "with a great deal of skepticism and scrutiny," warned Schrager, a partner at New York's Fischbein Badillo Wagner Harding. Schrager was right. Unfortunately, the scrutiny is on him, too.
8 minute read
December 15, 2009 |

Hogan and Lovells partners approve merger

Partners at Hogan & Hartson and Lovells signed off on their megamerger in separate votes that ended at midnight on Monday. The move is one of the last big hurdles before the two firms officially set up shop, which is planned for May 1.
5 minute read
December 10, 2012 |

INADMISSIBLE

DOJ smoked in tobacco appeal; fraud and Brown; Stokes retires; 'stache for cash; confirmations, finally; and Dole but no dice in this week's column.
5 minute read
May 27, 2003 |

PHILADELPHIA BAR ASSOCIATION CHARITY RUN

Place Finisher Age Time
3 minute read

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