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New SDNY Decision on Administrative Priority for Executory Contracts

PBWT

11 U.S.C. § ” 11 U.S.C. § ” 11 U.S.C. § The first agreement was entered in March 2011, and expired on March 19, 2018, but the parties executed a series of successive extension agreements, extending it through March 31, 2019. RMS filed a chapter 11 petition on February 11, 2019.

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FFIEC Issues Guidance on Authentication and Access to Financial Institution Services and Systems

Troutman Sanders

The FFIEC noted two changes over the last decade that prompted this analysis: (1) the current cybersecurity threat landscape, which has necessitated an increased need for effective customer authentication, and (2) the expansion of authentication considerations beyond customers to employees, third parties, and system-to-system communications.

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They Didn’t Sign the Contract – Do We Still Have a Deal?

Jimerson Firm

It happens more than you would think—to both small, family-owned businesses, and even national corporations—when people come to an agreement regarding a business transaction, only to later find that one or both of the parties failed to sign the contract governing the relationship. 5th DCA 2011). Is the contract still enforceable?

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Bankruptcy Court May Refrain from Enforcing a Valid Arbitration Clause

ABI

5] Acis was named as an alleged debtor in an involuntary petition for relief under chapter 11 of the Bankruptcy Code. [6] 11]. (“Highland”) was an insider of Acis and provided management to services to Acis pursuant to a Shared Services Agreement. [5] 11] See id. 1] In In re Acis Capital Mgmt., 9] See id.

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FDIC has tough task persuading unbanked to deposit stimulus checks

Collection Industry News

WASHINGTON — As the government urges the unbanked to open accounts to deposit pandemic relief funds, some experts highlight a somewhat obvious challenge for the effort. Overdraft fees, for instance, accounted for more than $11 billion in revenue for U.S. Source: site. The Federal Deposit Insurance Corp.

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Fifth Circuit: District Court Improperly Referred Bankruptcy Appeal To Magistrate Judge For Final Determination

Collection Industry News

Bankruptcy judges are technically authorized under Article I, which governs the legislative branch and authorizes the establishment of a uniform system of federal bankruptcy laws. 462 (2011). Thus, the rules governing appeals of orders or judgments in bankruptcy cases are somewhat different than those in other civil litigation.

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Why Every Lawyer And Client Should Be Fighting To Stop The "Meaningful Attorney Involvement" Doctrine From Spreading

FDCPA Defense

2011) (letter from law firm violated section 1692e where it “falsely impl[ied] that an attorney, acting as an attorney, is involved in collecting Lesher's debt.”). Can The Federal Government Target Me And My Clients Using The “Meaningful Attorney Involvement” Doctrine? Dickerson , 307 F.3d 3d 623, 635 (7th Cir. Kay , 650 F.3d

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