December, 2021

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Business Insolvencies hit highest level since Pandemic began

UK debt collections

In November 2021 there were 1,521 CVLs, 43% higher than in November 2019. Between 26th June 2020 and 30th November 2021, in England & Wales, 15 moratoriums were obtained and 10 companies had a restructuring plan registered at Companies House.

Trade 59
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The CFPB Takes Aim at Overdraft Fees

Troutman Sanders

The first indicated that in 2019 alone, overdraft and other nonsufficient fund fees generated over $15 billion in revenue for consumer banks, with large banks (those with assets over $10 million), collecting three-quarters of the total revenue reported.

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UPDATE to the Center for Medicare and Medicaid Services’ (CMS) Interim Final Rule: “Omnibus COVID-19 Health Care Staff Vaccination”

Fraser

This decision did not impact the preliminary injunction over the 10 states that filed suit in Missouri v Biden , (ED Mo, Nov. The court held that ultimate resolution of the vaccine mandate would “benefit from the airing of competing views in our sister circuits.”. Elizabeth H. Latchana specializes in employee health and welfare benefits.

Lawyers 52
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Tennessee Governor Bill Lee Exonerates Adam Braseel in Connection to Wrongful Murder Conviction

Burr Forman

On December 2, 2021, Tennessee Governor Bill Lee officially exonerated Adam Braseel, who spent 12 years of a life sentence in prison between 2007 and 2019 for a killing he has always maintained he did not commit. Murder Charges Dropped by State of Tennessee – August 5, 2019. At the Grundy County Courthouse in Altamont, Tenn.,

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Monthly Accounts Receivables Roundup for November 2021

Katabat

More than three in 10 respondents (31%) reported that their company uses this channel today compared to 22% in 2020 and 16% in 2019. trillion above where they were at the end of 2019, the report showed.” Reuters writes: “The report also found that total household debt increased by $286 billion in the third quarter to $15.24

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Monthly Accounts Receivables Roundup for November 2021

Katabat

More than three in 10 respondents (31%) reported that their company uses this channel today compared to 22% in 2020 and 16% in 2019. trillion above where they were at the end of 2019, the report showed.” Reuters writes: “The report also found that total household debt increased by $286 billion in the third quarter to $15.24

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U.S. and Europe Target Top Ransomware Cartel

Burr Forman

The indictment against Polyanin, the Russian national, alleges his involvement in REvil ransomware attacks against several victims, including public and private entities in Texas during the summer of 2019. Polyanin is believed to have been behind several-thousand ransomware attacks that netted $13 million in ransom payments from U.S.