ABI Blog Exchange

The answer, as always, is “It depends”.  Take two recent examples we’ve seen. The first person is a […]

Your creditors can’t simply take money out of your paycheck just because they feel like it.  They need […]

In the follow-up to Stern v.

The U.S. Supreme Court yesterday, in Executive Benefits Insurance Agency v.

 Image Courtesy of Mike M.S.

Posted by Kathy Bazoian Phelps      In a very short and summary opinion, the Second Circuit concluded that nothing in a recent Supreme Court decision gave it any reason to revisit its prior ruling that SLUSA bars state law class acti

A report issued by the Consumer Financial Protection Bureau (CFPB) found that a debt buyer dismissed 70% of its lawsuits when the consumer filed a wri

The U.S. Supreme Court (“Court”) issued a 5-4 decision today in a case with implications for Tribal-State relations and the resolution of disputes under the federal Indian Gaming Regulatory Act, 25 U.S.C. § 2701 et seq.

A nightmare scenario for a lender: you lend $1.2 million to a debtor to purchase equipment; you take a first priority security interest in the equipment; one day another company calls to tell you it purchased the equipment at a bankruptcy auction you