ABI

JANUARY 19, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff Endo Pharmaceuticals (“Endo”) develops, manufactures, markets, and distributes prescription pharmaceutical products. Endo filed a notice of suggestion of bankruptcy and automatic stay of proceedings in the D.C. Kathleen Gatti St. 25] [1] FTC v.

Bankruptcy 40

Bankruptcy Manufacturing Debtor Government 40

UK debt collections

NOVEMBER 16, 2023

The personal insolvencies consisted of 703 bankruptcies, 3,245 debt relief orders (DROs) and 5,933 individual voluntary arrangements (IVAs). DRO and bankruptcy numbers were higher than last year, with DROs in October 2023 being 71% higher than in October 2022, although the number of bankruptcies remained well below pre-2020 levels.

Bankruptcy 59

Bankruptcy Debtor Unsecured Debt Repossession 59

UK debt collections

MAY 17, 2022

The executive agency, which provides information on bankruptcy , redundancy, paying off debts, company insolvency and misconduct of trading companies and partnerships, will close 11 of its 20 local offices in England over the next five years. The trade union is encouraging people to write to their local MPs to oppose the closures.

Trade 75

Trade Bankruptcy Government 75

In the Red

MAY 21, 2019

v Tempnology, LLC case: Whether, under §365 of the Bankruptcy Code, a debtor-licensor’s “rejection” of a license agreement—which “constitutes a breach of such contract,” 11 U.S.C. One of its first motions in the bankruptcy case was to reject the Agreement and the focus quickly turned to the trademark license. The Long And Winding Road.

Bankruptcy 100

Bankruptcy Debtor Manufacturing Law Firms 100

Troutman Sanders

FEBRUARY 16, 2023

However, Reiner declared that some cryptocurrencies, like Bitcoin, are commodities traded in spot markets that currently sit outside of the purview of either the SEC (which regulates securities) or the Commodity Futures Trading Commission (CFTC) (which regulates commodity derivatives).

Banks 52

Banks Bankruptcy Trade Government 52

Debt Recoveries

JUNE 11, 2023

Several rules and regulations, including the Privacy Act of 1988, the Australian Consumer Law (ACL), and the Australian Securities and Investments Commision (ASIC) Act of 2001, govern credit control in Australia. This entails carrying out rigors credit checks, which may entail examining bank statements, trade references, and credit reports.

Debt collector 52

Debt collector Creditworthiness Debt Recovery Trade 52

UK debt collections

MAY 4, 2021

Commenting on these latest insolvency statistics is Eleanor Temple of Insolvency trade body R3. First, they need to keep a careful eye on their cash-flow levels to ensure they don’t fall into the trap of over-trading. And they need to think about how they will manage when the Government support measures end.

Trade 59

Trade Bankruptcy Government Creditors 59

PDC Flow

AUGUST 18, 2020

I also defended those clients against civil actions brought against them by consumers, the government, and each other. My practice looks similar today, except I spend a lot more of my time defending government investigations and civil litigation brought by state and federal regulatory agencies. Bureau , 140 S. 2183 (2020) and Barr v.

Collections 97

Collections Debt collector Law Firms Trade 97

True Accord

JUNE 29, 2023

We see that with the express requirement in the Gramm-Leach-Bliley Act, or GLBA, Safeguards Rule —which went into effect on June 9, 2023—that organizations have one qualified individual to oversee the information security program, and that the qualified individual provides regular reports to the highest governing body of an organization.

Collections 80

Collections Financial Institution Debt collector Debt Recovery 80

UK debt collections

OCTOBER 14, 2021

The financial impacts from COVID is forcing many SME’s into bankruptcy. Over 50,000 SME’s cease trading every year due to this issue and the pandemic is fuelling a worsening of this, resulting in untold damage to the entire UK economy. Not only does it improve their growth, but the growth of the UK economy.

Collection Agencies 100

Collection Agencies Collections Agency Collections Trade 100

Troutman Sanders

DECEMBER 5, 2022

On November 30, the Federal Trade Commission (FTC) announced that it has temporarily shut down a credit card debt relief program and its affiliated companies that allegedly took millions from consumers by falsely promising to eliminate or substantially reduce their credit card debt. To read Emmer’s letter, click here.

Financial services 52

Financial services Credit Card Debt Retail Banks 52

Collection Industry News

NOVEMBER 18, 2022

Thanks to extraordinary government stimulus and loan repayment holidays, feared pandemic losses have not materialized. Citigroup Chief Financial Officer Mark Mason said the bank expects more customers to go back to their pre-pandemic pattern of carrying revolving balances as government stimulus programs wind down later this year.

Banks 40

Banks Loans Government Trade 40

Collection Industry News

JANUARY 24, 2022

To settle Federal Trade Commission charges that it engaged in deceptive and unfair practices, Dun & Bradstreet (D&B) has agreed to an order requiring substantial changes in the firm’s operations that will benefit small- and mid-sized businesses. Source- site. Report fraud, scams, or bad business practices at ReportFraud.ftc.gov.

Trade 52

Trade Acquisition Law Firms Government 52

Troutman Sanders

DECEMBER 27, 2022

Federal Activities: On December 23, the Federal Trade Commission (FTC) issued a proposed consent order, requiring Mastercard to end a practice that allegedly forced merchants to route debit card payments through Mastercard’s payment network in violation of the Durbin Amendment to the Dodd-Frank Act and Regulation II. State Activities.

Financial services 52

Financial services Banks Trade Retail 52

Troutman Sanders

DECEMBER 20, 2022

Federal Activities: On December 16, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) filed an amicus brief in the Eleventh Circuit in support of a plaintiff-appellant who filed a Section 1681s-2(b) claim against a furnisher for failing to conduct a reasonable investigation under the Fair Credit Reporting Act.

Financial services 52

Financial services Student loans Student Loans Loans 52

UK debt collections

JUNE 10, 2022

She added: “The UK government is resisting legislation that would ensure brands and retailers have legal and financial responsibility for workers in their supply chain. These clothes have now been sold and the proceeds pocketed – leaving workers out of pocket.”.

Retail 52

Retail Creditors Repossession Manufacturing 52

Consumer Financial Services Law

AUGUST 30, 2016

Just when you think all you had were government regulatory rules and regulations that may impact your bottom line, along comes the sleeper regulator of a generation of consumers with an aversion to credit and its risks. The National Creditors Bar Association (NARCA) is a trade association dedicated to creditors rights attorneys.

Subrogation 40

Subrogation Creditor's Rights Creditors Student loans 40

Burr Forman

AUGUST 19, 2021

David Houston IV – Nashville, Litigation and Bankruptcy. Erich Durlacher – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law. Christopher Carson – Commercial Litigation, Litigation – Bankruptcy, Mass Tort Litigation / Class Actions – Defendants. Ronald Farley – Birmingham, Administrative/Regulatory Law.

Lawyers 105

Lawyers Construction Acquisition Bankruptcy 105

Better Credit Blog

APRIL 6, 2022

Typical problems arise from: Bankruptcies : Declaring bankruptcy can resolve short-term problems while also creating long-term credit issues. Tax liens : Whether local, state, or federal, a tax lien from the government can put a huge dent in your credit profile for the foreseeable future. Alternatives to Credit Repair.

Debt settlement 105

Debt settlement Creditors Credit Counselor Loans 105

Collection Industry News

JUNE 14, 2021

Here are snapshots of some cases against debt collectors that the State Attorney General’s Office, Federal Trade Commission and other law enforcement agencies have pursued in the past decade. Two years later, the state and Federal Trade Commission fined him $112,000 after he was accused of using lies and threats to unlawfully collect $8.7

Debt collector 40

Debt collector Judgment Collections Collection Companies 40

ABI

JANUARY 19, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff In large bankruptcy cases, 28 U.S.C. § Bankruptcy Court for the Southern District of New York held that a claims agent retained under 28 U.S.C. § 2] During bankruptcy proceedings, Madison Square Boys & Girls Club, Inc. . §

Bankruptcy 40

Bankruptcy Debtor Trade Collections 40

Burr Forman

AUGUST 20, 2020

Erich Durlacher – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law. Michael Hall – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Bet-the-Company Litigation, Litigation – Bankruptcy. Michael Ey – Economic Development Law, Government Relations Practice, Land Use and Zoning Law.

Lawyers 40

Lawyers Construction Acquisition Bankruptcy 40

Burr Forman

AUGUST 20, 2020

Erich Durlacher – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law. Michael Hall – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Bet-the-Company Litigation, Litigation – Bankruptcy. Michael Ey – Economic Development Law, Government Relations Practice, Land Use and Zoning Law.

Lawyers 40

Lawyers Construction Acquisition Bankruptcy 40

Troutman Sanders

JANUARY 17, 2024

bankruptcy filings surged by 18% in 2023, reaching a total of 445,186 cases, up from 378,390 in 2022. On January 10, the Securities and Exchange Commission (SEC) approved each pending spot-Bitcoin exchange traded fund (ETF) application on an accelerated basis. Harris announced that Genesis Global Trading, Inc.

Financial services 52

Financial services Student loans Student Loans Trade 52

Sawin & Shea

JUNE 9, 2021

The FTC (Federal Trade Commission) is an arm of the United States government that enforces consumer protection and antitrust laws. Lie to you (for instance, by claiming that they will arrest you or by telling you a different amount than what you actually owe, or by pretending to be from a government agency). or after 9:00 p.m.

Debt collector 94

Debt collector Collection Agencies Collections Agency Credit Bureau 94

Troutman Sanders

MARCH 4, 2024

billion to Gemini Earn Program (Earn) customers through the Genesis Global Capital, LLC (GCG) bankruptcy proceeding. Additionally, Gemini has pledged to contribute $40 million to the GCG bankruptcy proceedings for the benefit of Earn customers.

Financial services 52

Financial services Law Firms Acquisition Debt collector 52

Better Credit Blog

JANUARY 20, 2022

In keeping with Federal Trade Commission rules , Freedom Debt Relief doesn’t charge upfront fees. In 2010, the company helped to establish Federal Trade Commission rules to ban abusive debt settlement practices and protect consumers. Bankruptcy. If you have no other recourse, bankruptcy is the ultimate solution to debt.

Creditors 76

Creditors Credit Card Debt Unsecured Debt Debt settlement 76

Troutman Sanders

FEBRUARY 6, 2023

On February 1, the Department of Justice filed a complaint on behalf of the Federal Trade Commission (FTC) against GoodRX for allegedly violating the FTC Act and the Health Breach Notification Rule by failing to notify consumers that it was disclosing their personal health information to third parties for advertising purposes. click here.

Financial services 52

Financial services Trade Banks Bankruptcy 52

Better Credit Blog

FEBRUARY 11, 2022

If you’re on the brink of bankruptcy, a final option before filing is to try the services of a debt settlement firm. It’s important to research thoroughly before enrolling in a debt settlement program, according to the Federal Trade Commission. “Do Auto loans and government loans. BBB-accredited business with an “A” rating.

Debt settlement 72

Debt settlement Creditors Unsecured Debt Lender 72

Troutman Sanders

JANUARY 23, 2024

On January 19, the Federal Court of Appeals for the Third Circuit ordered the bankruptcy court adjudicating the bankruptcy of FTX to appoint an examiner to investigate the collapse of the digital asset exchange. For more information, click here. For more information, click here. For more information, click here.

Financial services 52

Financial services Credit Unions Credit Unions Financial Institution 52

Fico Collections

APRIL 17, 2021

This means that the firm's position in those assets is dangerously overleveraged and a decline in their value large enough to cause the firm's bankruptcy could occur in the near future. The film beautifully illustrates factors that govern chance and decision-making inside complex systems found in everyday life. Paramount Pictures).

Collateralized Debt Obligation 139

Collateralized Debt Obligation Trade Collateral Government 139

Troutman Sanders

JANUARY 9, 2024

On January 4, the Federal Trade Commission (FTC) and the State of Connecticut announced they are filing suit against an auto dealer for several of its business practices. They allege that the dealer deceived consumers about the price of certified used cars, add-ons, and government fees. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Debt collector 52

Troutman Sanders

APRIL 18, 2023

On April 12, the attorneys representing defunct cryptocurrency exchange FTX in its bankruptcy proceeding announced that FTX recovered approximately $7.3 billion in liquid assets and would consider reopening for business in Q2 2024. For more information, click here. On April 12, U.S. For more information, click here.

Financial services 52

Financial services Financial Institution Loans Trade 52

Troutman Sanders

JULY 26, 2021

On July 20, the House of Representatives passed the Consumer Protection and Recovery Act, which aims to revive the Federal Trade Commission’s (FTC) authority to return money to consumers harmed by companies found to engage in deceptive practices. For more information, click here. For more information, click here.

Financial services 52

Financial services Student loans Student Loans Garnishment 52

Collection Industry News

SEPTEMBER 27, 2023

As the US national debt passes $33 trillion and a government shutdown looms, Wall Street feels defensive. The budget deficit — the difference between what the government spends and what it takes in — reached $1.5 The recent increase in interest rates has already made it much more expensive for the government to pay back what it owes.

Government 40

Government Trade Banks Collections 40

Troutman Sanders

FEBRUARY 13, 2024

On February 8, a New York bankruptcy judge ruled against cryptocurrency exchange Gemini’s claim that it has a secured claim on more than $800 million in Genesis Global Capital assets. Supreme Court unanimously ruled that government agencies can be sued for violations of the Fair Credit Reporting Act (FCRA). million penalty.

Financial services 52

Financial services Student loans Student Loans Collection Agencies 52