Troutman Sanders

NOVEMBER 15, 2022

District Court for the District of New Hampshire granted the Securities and Exchange Commission’s (SEC) motion for summary judgment against blockchain-based, file-sharing platform LBRY. In its summary judgment motion, the SEC argued that LBRY’s public offering of its native token LBC constituted an unregistered sale of securities.

Financial services 52

Financial services Student Loans Student loans Trade 52

Troutman Sanders

NOVEMBER 1, 2021

LTD Financial Services, L.P. , LTD Financial Services, L.P. , The plaintiff owed a debt of $4,528.59 Further because the plaintiff premised her claim for Section 1692f violation on the same conduct, the court held that this claim also could not survive summary judgment. In Bordeaux v.

Debt settlement 52

Debt settlement Fair Debt Collection Judgment Financial services 52

Consumer Financial Services Law

JANUARY 11, 2017

A New York District Court recently addressed the issue of whether the FDCPA requires passive debt buyers to personally register disputes or whether they can delegate that obligation to their third party debt collector/servicer. Passive debt buyers purchase debt but retain third parties to service and collect the debt.

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Third-party Debt Collectors Debt settlement Debt collector Judgment 40

Troutman Sanders

JANUARY 20, 2022

Beyond the student loan and mortgage context, state attorney generals have advanced this theory in their investigations of auto lenders [4] and debt settlement companies. [5]. 1, 2021), [link] ; See e.g., Final Judgment, Commonwealth v. 1, 2021), [link] ; See e.g., Final Judgment, Commonwealth v. DMB Financial, LLC. ,

Student Loans 52

Student Loans Student loans Loans Lender 52

Troutman Sanders

APRIL 19, 2021

Pritzker issued an executive order extending the suspension of garnishment, deduction of wages, and post-judgment citations to discover assets through April 30. The company was operating without registering as a debt settlement service provider as required by Minnesota law. For more information, click here.

Financial services 52

Financial services Student Loans Student loans Financial Institution 52

Troutman Sanders

JULY 26, 2021

On July 18, Indiana University’s COVID-19 vaccine mandate and related face-masking and testing requirements survived challenging students’ motion for a preliminary judgment. To attend the meeting, click here. The students argued the vaccine requirement was a due process violation under the Fourteenth Amendment to the U.S. Constitution.

Financial services 52

Financial services Student Loans Student loans Garnishment 52