Bankruptcy
February 4, 2016

Ninth Circuit Rules Chapter 7 Bankruptcy Trustee Can Recover Market Value of Debtor’s Life Settlements

The U.S. Court of Appeals for the Ninth Circuit has ruled that a Chapter 7…
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Banking
February 1, 2016

California Supreme Court Rules Borrowers Cannot Waive Anti-Deficiency Protection in Lender-Approved Short Sales

In a unanimous decision, the California Supreme Court has ruled distressed homeowners that engaged in…
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Business Law
January 28, 2016

First Circuit Vacates SEC Sanctions Against Two Bank Execs

The U.S. Court of Appeals for the First Circuit has vacated a Securities and Exchange…
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Civil Procedure
January 25, 2016

U.S. Supreme Court Enforces Class Action Waiver in California Arbitration Case

Last month, the U.S. Supreme Court reversed a California state court’s refusal to enforce a…
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Bankruptcy
January 21, 2016

7th Circuit Says Bank Should Be Treated as Unsecured Creditor Because of Failure to Investigate Suspicious Activity

A recent opinion from the Seventh Circuit Court of Appeals that the Bank of New…
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Business Law
January 11, 2016

California Appeals Court Rules That Translation Omission Invalidates Arbitration Agreement

A California appeals court has found that an auto dealer’s used car sales agreement that…
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Banking
December 31, 2015

California DBO Opens Inquiry into Marketplace Lending Industry

The California Department of Business Oversight (“DBO”) has opened an inquiry into the marketplace lending…
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Business Law
December 29, 2015

U.S. Supreme Court Rules FAA Trumps California State Law for Enforcement of Arbitration Agreements

On December 14, 2015, the U.S. Supreme Court ruled that the Federal Arbitration Act trumps…
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