Glass Goldberg 0 BankingCivil Procedure May 14, 2015 City of Los Angeles Sues Wells Fargo for Violating Unfair Competition Law On May 5, 2015, the City of Los Angeles filed a lawsuit against Wells Fargo…Read More
Glass Goldberg 0 Banking April 16, 2015 Ninth Circuit Rules FDIC Has Liability in Failed Bank Contract Breach The Ninth Circuit has ruled that the Federal Deposit Insurance Corporation (“FDIC”) can be held…Read More
Glass Goldberg 0 Banking April 13, 2015 California Appeals Court Says “Enough!” in Dismissing Homeowner’s Multiple Wrongful Foreclosure Claims A California appeals court has said “Enough!” to a homeowner’s ongoing wrongful foreclosure suits, dismissing…Read More
Glass Goldberg 0 Banking April 9, 2015 Final Policy Statement Issued on Public Disclosure of CFPB Consumer Complaint Database The Consumer Financial Protection Bureau (“CFPB”) has published its final policy statement on how the…Read More
Glass Goldberg 0 Banking March 30, 2015 CFPB Study Says Arbitration Agreements Restrict Relief for Consumers in Disputes with Financial Service Providers The Consumer Financial Protection Bureau (CFPB) released a study earlier this month that shows arbitration…Read More
Glass Goldberg 0 BankingBankruptcy March 5, 2015 Bank Accuses Auto Parts Company of Using Chapter 7 Bankruptcy to Cash In on Revolving Loan M&T Bank Corp. has filed suit in a Los Angeles Superior Court against Motorcar Parts…Read More
Glass Goldberg 0 Banking February 5, 2015 S&P Barred From Providing CMBS Ratings for One Year; Must Pay $77M Fine Over Post-2011 Ratings Standard & Poor’s Ratings Services (S&P) has reached a settlement agreement with the U.S. Securities…Read More
Glass Goldberg 0 BankingReal Estate Transactions January 22, 2015 California Appeals Court OKs Subordination of Priority Liens If Fiduciary Engages in Inequitable Conduct Last month, a California appeals court ruled that priority liens could be subordinated if a…Read More
Glass Goldberg 0 BankingForeclosure January 19, 2015 SCRA Provisions to Postpone Foreclosure for Military Servicemembers Extended by Congress In the waning days of 2014, Congress extended special provisions in the Servicemembers Civil Relief…Read More