Troutman Sanders

JANUARY 17, 2024

Like Nevada, discussed here , the law specifies that EWA products are not loans (including not being subject to the Consumer Finance Act), nor is such activity considered money transmission under Florida law. If passed, the law would take effect on October 1, 2024.

Debt collector 52

Debt collector Collection Agencies Collections Agency Financial services 52

NCBA Law Practice Management Blog

DECEMBER 8, 2023

As law firms (slowly) try to dig out from under the hourly billing model (trap?), It’s kind of like a legal insurance policy, and it allows law firms to acquire recurring revenue. And, here’s how one law firm advertises such a program. Contact us today, to talk about how to shift your law firm pricing model.

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Law Firms Lawyers Trade Creditors 52

Burr Forman

SEPTEMBER 7, 2021

The attorneys selected to the list are featured in the August issue of Columbia Business Monthly, Greenville Business Magazine, and Charleston Business Magazine. Jennifer Blumenthal – Corporate Investigations. Bernie Ellis – Business Litigation. George Morrison – Corporate Law, Mergers, & Acquisitions.

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Acquisition Creditor's Rights Lawyers Bankruptcy 59

Fraser

SEPTEMBER 8, 2022

The National Highway Traffic Safety Administration (“NHTSA”) has recently taken enforcement action against a number of Registered Importers (RI) whose import documentation does not strictly comply with NHTSA laws and Regulations. If you have any questions on NHTSA laws or Regulations you may contact Ed Castellani or Bob Burgee.

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Acquisition 81

Collections Law

NOVEMBER 19, 2023

When a business debtor writes a bad check you wouldn’t expect that it would actually be a good thing and that it could help your company collect on the debts owed to them. Our ethical debt collection attorneys at Law Offices of Alan M. Consult An Experienced Massachusetts Debt Collection Lawyer At Law Offices of Alan M.

Lawyers 52

Lawyers Debtor Banks Collections 52

Fraser

AUGUST 12, 2022

Why it Matters: Had it not been stayed, the ruling would have required Michigan businesses to, within 21 days, significantly increase minimum wages and paid sick leave for employees. This would have posed a big challenge for many Michigan businesses, particularly in the hospitality industry. Business & Tax | Paul McCord.

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Manufacturing Collections 40

Troutman Sanders

DECEMBER 7, 2023

Troutman Pepper ranks among the top law firms globally for its fintech practice in the Chambers FinTech Guide 2024 released this week. In 2021, it was named FinTech Law Firm of the Year (Middle Market) by The Deal in the publication’s annual awards celebrating the leaders in the deal economy. Learn more at troutman.com.

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Law Firms Startups Financial services Banks 52

Troutman Sanders

JANUARY 12, 2024

In the complaints, Link asserted it was “operating pursuant to the laws of the state of Utah.” However, the plaintiffs pointed out that in 2020 Link changed its corporate status back to an LLC so at the time it filed both collection lawsuits, Link was an independent LLC that was not registered and bonded as a debt collector.

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In the Red

MARCH 23, 2020

Let’s start with a high-level overview of the fiduciary duties of directors and officers of a Delaware corporation. Under Delaware law, directors and officers owe fiduciary duties of due care and loyalty. This primer is not a substitute for specific legal advice but may help provide context for discussions with counsel. The Key Duties.

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Public Citizen

FEBRUARY 25, 2022

Here's the press release, which includes links: Hacked by Big Corporations, America’s Civil Justice System Has Crashed, Consumer Advocates Say.   Report Details Impact on Consumers – and Democracy – of Corporate Attack on the Rule of Law, Proposes New Protections and Legal Procedures.

Legal Rights 64

Legal Rights Lawyers Education Trade 64

Collections Law

JULY 28, 2023

Large businesses and corporations that encounter nonpayment of business debt may assume that getting a court judgment against the non-paying company is all that is necessary. At the Law Offices of Alan M. Unfortunately, that is not always the case. When they do, you need an attorney who knows how to collect on a judgment.

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PBWT

AUGUST 4, 2021

A key goal of the Bankruptcy Code is to prevent corporate insiders from profiting from their employer’s misfortune. An “insider” under section 503 includes corporate officers. Trustee appealed to the district court, arguing that Delaware law should apply to the analysis since LSC is a Delaware corporation.

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Collections Law

AUGUST 9, 2023

In our experience in business-to-business collections, debtors frequently withhold payment even when creditors have obtained legal judgments against them. An attorney who truly knows Massachusetts collections law might file supplementary process as the next step. What can be done? Cohen & Associates LLC.

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UK debt collections

APRIL 12, 2022

A big spike in Debt Recovery action is expected following the end of temporary measures introduced by the government to help bolster Small Businesses during the pandemic. Whilst the temporary Covid laws may have ‘saved’ many businesses.

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Jimerson Firm

APRIL 16, 2024

This flexibility can be particularly useful for estate planning and business succession. There is a well-established policy in Florida law that a creditor may levy upon the debtor’s interest in any self-settled trust. Also, a land trust is a self-settled trust because the creator of the trust is also a beneficiary.

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Judgment Creditors Debtor Bankruptcy 59

Jimerson Firm

APRIL 9, 2024

Personal Property: In accordance with Florida Statute, when a levy is made upon personal property, which is allowed by law or by the State Constitution to be exempt from levy and sale, the debtor may claim such personal property to be exempt from sale by taking certain steps in a collection action.

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Judgment Debtor Creditors Collections 105

Jimerson Firm

JUNE 4, 2021

Under Florida law, condominium association (“CA”) board of directors members and homeowners’ association (“HOA”) board of directors members owe fiduciary duties to their associations and the unit or home owners they serve. Corporate Opportunity Doctrine. Interested Director Transitions. Board member loans money to the association.

Education 102

Education Loans 102

Troutman Sanders

MARCH 11, 2024

On March 4, the Small Business Administration (SBA) announced the next generation of the SBA’s Lender Match tool for small businesses to connect to capital through SBA’s network of approved banks and private lenders. On March 6, New Hampshire Governor Chris Sununu signed Senate Bill 255 into law, making New Hampshire the 14th U.S.

Financial services 52

Financial services Garnishment Lender Banks 52

Jimerson Firm

MARCH 15, 2021

This article outlines and explains how the basic fiduciary duties owed in Florida professional service provider companies are no different than the duties owed in other Florida corporate entities, navigating the overlapping statutory and judge-made law influencing the industry. The law is not much more complicated than that.

Lawyers 98

Lawyers Collections 98

Jimerson Firm

MARCH 24, 2022

Prior to entering the University of Florida’s Levin College of Law, he served in the United States Air Force and was the youngest operationally certified meteorological forecaster in the U.S. Air Force history. Jimerson is actively involved in the betterment of the community.

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Law Firms Lawyers Client Expectations Manufacturing 98

Collections Law

FEBRUARY 14, 2022

Usually, you can trust a corporate check written to your business. Retail businesses have long dealt with bad checks from customers, which may not be worth pursuing if they are for a small amount. When your customer is another business, however, the amount at issue is probably significant. At Law Offices of Alan M.

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Collections Judgment Debtor Commercial Collection 52

Nexa Collect

SEPTEMBER 12, 2020

Trusting someone can be as difficult and risky in business as it is in our personal lives. Regrettably, overreliance on others without a system of checks and balances may lead a business to fail in spite of good intentions. Why is managing third party relationships important?

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Lawyers 130

Nexa Collect

AUGUST 2, 2020

The loss does not mean the future business, but if they file for bankruptcy, then even the current outstanding AR may turn into a complete loss. Nowadays, businesses are shuttering left and right, so knowing what your partners and clients are up to is essential. Monitor the extent of account deficits. Borrowing too much.

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Collection Industry News

JUNE 28, 2022

In 2020, California enacted the California Consumer Financial Protection Law, Cal. Keith Bishop works with privately held and publicly traded companies on federal and state corporate and securities transactions, compliance, and governance matters. Code § 90000 et seq.

Law Firms 40

Law Firms Financial Institution Trade Government 40

Troutman Sanders

FEBRUARY 23, 2024

In representing fintech companies and other lenders, we increasingly confront claims against debt buyers or entities with bank partner relationships brought under Pennsylvania’s Consumer Discount Company Act (CDCA) and the Loan Interest and Protection Law (LIPL).

Debt collector 52

Debt collector Lender Loans Banks 52

Collections Law

AUGUST 24, 2023

If you speak for a large business or corporation that needs to collect on a commercial debt, you should know about this essential tool. At the Law Offices of Alan M. The attorneys at the Law Offices of Alan M. Cohen & Associates LLC have over 50 years of combined experience collecting business debts.

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Collections Judgment Debtor Creditors 52

Price Meese

JANUARY 17, 2023

The new law and regulations are designed to address what the government considers as the secret utilization of privately held companies to further crimes within the United States. businesses engaged in legitimate activity. businesses engaged in legitimate activity. financial system. Not only do such acts undermine U.S.

Trade 52

Trade Government 52

Burr Forman

JULY 21, 2021

President Biden has proposed major changes to the Federal tax laws, some of which are sought to be effective earlier in 2021 (i.e., As Congress is now considering these tax law change proposals, the following is a summary of some of the most important: Increase the corporate income tax rate from 21% to 28%.

Trade 59

Trade Loans 59

Fraser

APRIL 30, 2021

The Notice also sets forth additional guidance for individual and corporate taxpayers regarding various income tax issues raised by the federal loan program. However, no similar provision was enacted authorizing a deduction of the business expenses paid for by those forgiven loans.

Loans 86

Loans Government 86

Burr Forman

JUNE 21, 2021

June 21, 2021 – Burr & Forman LLP Columbia-based partner Brad Wright has been named a 2021 Leadership in Law honoree by South Carolina Lawyers Weekly. I am humbled to be recognized among my peers as a Leadership in Law honoree,” Wright said. COLUMBIA, S.C., and profiled in the publication’s June 21 issue.

Lawyers 52

Lawyers Acquisition Law Firms Government 52

Troutman Sanders

MAY 4, 2023

CFS Partner Alan Wingfield focuses his practice on financial services litigation and consumer law compliance counseling. He helps businesses with the myriad federal and state consumer protection laws, as well as laws regulating financial services and other types of consumer-facing companies.

Retail 52

Retail Trade Financial Institution Financial services 52

FFGN COLLECT NY

MARCH 23, 2023

Although New York’s laws and rules have a laundry list of people who may accept service on behalf of a corporation, the law is silent as to who may actually bind a corporation. In an earlier article, we discussed the law of agency – how an agent can bind a principal. Here’s a scenario our office handled.

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Lender Loans Debtor Collections 52

Troutman Sanders

MARCH 4, 2024

On February 29, the Consumer Financial Protection Bureau (CFPB) issued a circular to law enforcement agencies and regulators explaining how companies operating comparison-shopping tools can break the law when they steer consumers to certain products or lenders because of kickbacks. regulations allow utilities 10 business days.

Financial services 52

Financial services Law Firms Acquisition Debt collector 52

Burr Forman

OCTOBER 13, 2021

Bret Pruehs has practiced law in the Hilton Head Island area since 2005. He joins the Real Estate Practice Group and handles residential and commercial real estate transactions and general corporate law. Bret received his JD from Tulane University School of Law. About Burr & Forman LLP. About Burr & Forman LLP.

Construction 52

Construction Government 52

Burr Forman

AUGUST 16, 2021

At Burr & Forman, Gabriel will work with clients on matters involving land use, community redevelopment, economic development, real estate, governmental law and regulatory compliance. Jason is Board Certified in City, County, and Local Government Law by the Florida Bar. About Burr & Forman LLP.

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Government Lawyers 105

Jimerson Firm

DECEMBER 15, 2022

However, when the IRS levies a business bank account and the delinquent taxpayer’s name appears as a signatory on the account, a financial institution’s decision to freeze the business bank account can be difficult when the delinquent taxpayer’s ownership interest in the bank account remains unknown. . United States v.

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Financial Institution Banks Debtor Creditors 52

PBWT

JUNE 29, 2022

Our Alchemy argued that under the Doctrine, “standing exists for creditors of a Texas corporation (and by extension an LLC) to sue officers and directors for breach of fiduciary duty when an entity is insolvent and ceases business operations.” ” The court disagreed. .” ” The court disagreed. ” Id.

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Chapter 7 bankruptcy Bankruptcy Creditors Debtor 52