Bankruptcy
June 20, 2016

NJ Bankruptcy Court Rules Inherited IRAs May be Exempt from Bankruptcy for Chapter 7 Debtors

A New Jersey Bankruptcy Court has ruled that a loophole in the Bankruptcy Code may…
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Banking
June 16, 2016

CFPB Data Accountability Act Introduced in Congress

A bill that would require the Consumer Financial Protection Bureau (CFPB) to verify consumer complaints…
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Banking
June 9, 2016

Seventh Circuit Finds that Debt Collectors Do Not Violate FDCPA for Failure to Go to Trial

The U.S. Court of Appeals for the Seventh Circuit has ruled that debt collectors do…
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Bankruptcy
June 6, 2016

California Bankruptcy Court Rules Insolvent Company Officers and Directors Owe Fiduciary Duty to Creditors

The Bankruptcy Court of the Central District of California ruled recently that officers and directors…
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Bankruptcy
May 26, 2016

Ninth Circuit Bankruptcy Panel Rules Oversecured Creditor Entitled to Pendency Default Interest When Its Claim is Not Cured by Reorganization Plan

The Ninth Circuit Bankruptcy Appellate Panel has ruled in In re Beltway One Dev. Grp.,…
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Bankruptcy
May 23, 2016

U.S. Supreme Court Finds Fraudulent Transfer Can Constitute Actual Fraud in Making a Debt Non-Dischargeable Under Section 523(a)(2)(A)

On May 16, 2016, the U.S. Supreme Court rendered a decision in Husky¬†International Electronics, Inc.…
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Banking
May 12, 2016

CFPB Proposes New Rule to Prohibit Mandatory Arbitration Clauses for Class Action Suits

On May 3, 2016, the Consumer Financial Protection Bureau (CFPB) issued a proposed rule that…
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