Wed.Apr 24, 2024

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Daily Digest – April 24. Judge Remands Collection Lawsuit Back to State Court; FTC Enacts Ban on Noncompete Clauses

Account Recovery

Judge Remands Collection Lawsuit Back to State Court FTC Enacts Ban on Noncompete Clauses Walmart-Backed Fintech Starts Offering BNPL Services 25 Companies Seeking Collection Talent Attorney Issa K.

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Timeshare Company closed down due to huge fraud

UK debt collections

A Timeshare risk management company which claimed to help people exit their timeshare contracts in Tenerife has been shut down leaving clients at a loss Timeshare Legals Limited was wound-up following investigations by the Insolvency Service which found no proper accounting records, hundreds of clients left with unfulfilled claims and the transfer of client funds to a company in Spain with the same name, Timeshare Legals SL, and the same director, creating a lack of transparency.

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Judge Remands Collection Lawsuit Back to State Court

Account Recovery

In most Fair Debt Collection Practices Act cases that are started in state court and then removed to federal court, it is the defendant — usually a collection operation of some kind — that is seeking to have the case heard before a federal judge. This time, it’s the other way around.

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Member Spotlight: Setting a Strong Foundation

NACM

The goal for B2B credit managers is to wisely offer credit to customers, minimize nonpayment risk and foster business relationships. It is through NACM's Professional Certification Program, that credit professionals are able to learn or re-educate themselves on various aspects of trade credit, becoming a more efficient credit leader in the process.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

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FTC Enacts Ban on Noncompete Clauses

Account Recovery

The Federal Trade Commission yesterday announced the issuance of a final rule that bans noncompete clauses nationwide, although the regulator did soften its stance on the usage of noncompetes for senior executives. The rule will go into effect 120 days after it is published in the Federal Register.

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Attorney Issa K. Moe Rejoins Moss & Barnett

Account Recovery

Moss & Barnett is pleased to announce that attorney Issa K. Moe has rejoined the firm. Issa returns to the firm after serving as General Counsel for ACA International, a trade association for the accounts receivable management industry.

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25 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers.