Top Creditor Collections Today Creditors Rights Commercial Collection Content for Wed.Jan 18, 2023

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Wed.Jan 18, 2023

2023 11

Third Circuit Finds Vacatur of Default Judgment Does Not Make Collection Activity Retroactively Unlawful

Burr Forman

JANUARY 18, 2023

On January 11, 2023, the Third Circuit held that attempting to collect on a default judgment did not constitute using "'false, deceptive, or misleading' representations in connection with collecting the judgment" if the default judgment was later vacated. 21-3307, 2023 WL 154970, at *1 (3rd Cir. FBCS, Inc. ,

Judgment

Judgment Fair Debt Collection Collections

Not Your Keys, Not Your Coin: Bankruptcy Court Looks to Contract Law to Determine Consumer Interest-Bearing Crypto Deposits Belong to Celsius’ Bankruptcy Estate

Troutman Sanders

JANUARY 18, 2023

Then, on July 13, 2022, Celsius filed voluntary petitions for relief under Chapter 11 of the bankruptcy code. But on January 4, 2023, the U.S. However, on June 12, 2022, Celsius issued a memo informing its customers of its decision to pause withdrawals from the platform due to “extreme market conditions.”

Bankruptcy

Bankruptcy Debtor Government Collections

Wed.Jan 18, 2023

Third Circuit Finds Vacatur of Default Judgment Does Not Make Collection Activity Retroactively Unlawful

Not Your Keys, Not Your Coin: Bankruptcy Court Looks to Contract Law to Determine Consumer Interest-Bearing Crypto Deposits Belong to Celsius’ Bankruptcy Estate

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