M. Duncan Grant

M. Duncan Grant

Pepper Hamilton LLP

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Big News from the Supreme Court in the Madden v. Midland Funding Case

While far from certain, this development shows that the Supreme Court is interested in the case and will likely give weight to the Solicitor General’s recommendation as to whether the Second Circuit’s ruling should be...more

3/22/2016 - Consumer Lenders Financial Services Industry Madden v Midland Funding Online Marketplace Lending SCOTUS Solicitor General

Update on Madden v. Midland: Cert. Decision Expected Soon

The certiorari petition asks the court to address whether the National Bank Act continues to have preemptive effect after the national bank has sold or otherwise assigned a loan to another entity. In a petition for a...more

1/29/2016 - Assignees Financial Services Industry Madden v Midland Funding National Bank Act Non-Bank Lenders Online Marketplace Lending Petition for Writ of Certiorari Preemption SCOTUS Usury

Third Circuit: Securities Fraud Liability May Be Imputed To Employer Whose Employee Ran Ponzi Scheme On The Side

On February 22, 2013, in the precedential opinion in Belmont v. MB Inv. Partners, Inc., a unanimous panel of the U.S. Court of Appeals for the Third Circuit (Judges Anthony J. Scirica, D. Michael Fisher and Kent A. Jordan)...more

3/12/2013 - Negligent Supervision Ponzi Scheme Securities Fraud Vicarious Liability

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