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By Jason Grant | February 8, 2023
"Consumers facing repossession and collection actions on their vehicles deserve clear and transparent information from auto lenders," said Massachusetts Attorney General Joy Campbell. Her office noted that more than 500 borrowers across Massachusetts are expected to be eligible for relief under the $7.6 million settlement, which includes about $5.5 million in debt relief funds.
3 minute read
By Barbara M. Goodstein | February 1, 2023
The key takeaway from the appeal court's analysis is obvious. Although waiver language can be broadly written, a waiver of defenses associated with standard guaranty "absolute and unconditional" language may not, in and of itself, waive a defense based on the statute of limitations.
8 minute read
Delaware Business Court Insider
By Ellen Bardash | January 24, 2023
The move was aimed at maintaining AIG's interest while giving the employees, the only non-insider creditors identified to date, less than 0.02% of what they're seeking in a Connecticut Superior Court case.
3 minute read
By Dan Roe | January 20, 2023
Former chief compliance officer Daniel Friedberg filed an eleventh-hour declaration against the law firm's retention.
3 minute read
By Jeffrey B. Steiner and Megan Vallerie | January 18, 2023
In their Real Estate Financing column, Jeffrey Steiner and Megan Vallerie discuss the question of whether or not the exercise of remedies by a lender following a non-monetary event of default is enforceable.
7 minute read
Delaware Business Court Insider
By Ellen Bardash | January 11, 2023
Delaware Bankruptcy Judge John T. Dorsey decided to continue allowing FTX to redact creditors' names from filings for three more months. The three-month window is half of what the debtors requested.
3 minute read
By Dan Roe | December 20, 2022
"I haven't seen this volume of assignments since the crash of 2008 and 2009," said White & Case global restructuring head Thomas Lauria.
6 minute read
By Mark Mailman | December 19, 2022
With the industry showing little progress in eradicating this problem, the U.S. Bureau of Consumer Financial Protection (CFPB), recently released an advisory opinion reminding CRAs that they have an obligation under the U.S. Fair Credit Reporting Act (FCRA) to screen for and eliminate this "junk data" from consumer reports.
8 minute read
By Melanie Kalmanson and Benjamin B. Brown | December 12, 2022
A federal court has entered a judgment in your client's favor. Your client seeks to enforce the judgment against the judgment debtor's assets in Florida. Now what?
6 minute read
By Edward Boyle and Benjamin (Ben) Paull | December 9, 2022
Foreign judgment creditors may now consider domesticating their judgments in states with broader recognition than New York, and foreign judgment debtors may now consider whether any foreign judgment against them is compatible with due process under New York standards.
8 minute read
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