Professional Practice Civil Remedies Finance & Banking

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CFPB settles FDCPA claims against debt collection law firms

The CFPB announced that it has entered into a consent order with two law firms specializing in the collection of medical debts and their president for alleged FDCPA violations.  The consent order also settles allegations that...more

Excalibur Litigation: Court of Appeal Confirms that Funders Will Be Put to the Sword

- In the recent decision of Excalibur Ventures v Texas Keystone and others, the Court of Appeal has provided important guidance on the extent to which third party funders may be required to pay the costs of a defendant who...more

Supreme Court Confirms That Trustees Are Liable Only For Loss Caused Due To Breach

Mark Redler & Co Solicitors (Mark Redler) acted for both the claimant bank, AIB Group (UK) Plc (AIB), and the borrowers on a GBP 3.3 million loan. In return for the loan, AIB was supposed to secure a first legal charge over...more

Supreme Court "SOX" it to Employers by Extending Statute's Whistleblower Provision to Private Contractors of Public Companies

On March 4, 2014, the U.S. Supreme Court issued a decision in Lawson v. FMR LLC expanding the class of persons protected under the anti-retaliatory provisions set forth in the Sarbanes Oxley Act of 2002 ("SOX"). The Court...more

Help! The bank has frozen my account! (UK)

Collateral damage from money-laundering legislation: your bank can block your account and leave you with no remedy, even if you lose money as a result, if they suspect illegal activity. What should you do?...more

Common mistakes in LLP agreements

LLPs have now been around for a while and some common and serious errors are emerging in the way LLP agrements are written - even by commercial publishers. Does yours need reviewing?...more

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