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The Legal Intelligencer

Mortgage Lender Reaches $20M Settlement With State and Federal Officials to Resolve Redlining Claims

The agreement resolves claims that Trident, which was in business until December 2020, focused its pursuit of mortgage lending more on areas found by census data to be predominantly white than on majority-minority areas.
2 minute read

Texas Lawyer

'We Vacate Them All': Federal Court Blasts Commission for Meddling in Energy Cases

The Fifth Circuit said it would not defer to the energy commission's "bizarre view" of contract rejection, even if the commission somehow had the power to administer the Bankruptcy Code.
5 minute read

New York Law Journal

Sentence Reduction, Question of Standing, TILA Liability

In this edition of their Eastern District Roundup, Harvey M. Stone and Richard H. Dolan report on several recent and significant representative decisions, including reduction of a lengthy prison sentence due to defendant's medical impairments; a holding that, under ERISA, unionized workers had standing to sue trustees of their former union regarding dollar amounts transferred to their new union; and a holding that plaintiffs failed to establish a bank's liability under the Truth in Lending Act regarding disclosures related to their mortgage.
9 minute read

Daily Report Online

Man Sues Equifax for Allegedly Violating Consumer Credit Laws

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Daily Report Online

Man Sues TransUnion for Allegedly Violating Consumer Credit Laws

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

New York Law Journal

The Current State of Non-Consensual Third-Party Releases in Chapter 11 Bankruptcy Cases

Two recent District Court cases, 'In re Purdue Pharma' and 'Patterson v. Mahwah Bergen Retail Group' have called into question whether Bankruptcy Courts have the authority to approve non-consensual third-party releases.
8 minute read

Daily Business Review

A Mortgage Statement May be Deemed a Communication Under the FDCPA and FCCPA

Since many mortgage and other loan statements have all or part of this verbiage as standard "boiler plate" language, the decision needs to be a wake-up call for lenders and their attorneys.
5 minute read

The American Lawyer

Paul Weiss to Lead Multibillion-Dollar Revlon Bankruptcy

The 90-year-old cosmetic company filed for bankruptcy in New York this week and turned to Paul Weiss' Paul Basta as lead counsel.
2 minute read

Daily Business Review

Winston & Strawn Nabs Miami Partners From McDermott and Jones Day

McDermott bankruptcy partner Craig Rasile and Jones Day M&A partner Nicholas Rodriguez continue Winston & Strawn's Miami expansion, which started in May when the firm launched an office with six local partner hires.
2 minute read

Daily Report Online

Couple Sues Truist for Alleged Breach of Mortgage Agreement

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

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