2020. What a year! While many of us were expecting that an economic downturn was due after so many years of positive economic growth, none of us were expecting it to come in quite this fashion. But one positive change has...more
May is usually a busy month on the Supreme Court before the justices head off for some summer R&R. It is historically a time when many opinions are issued, and May 2016 has been no exception. ...more
5/19/2016
/ Article III ,
Chapter 7 ,
Class Action ,
Commercial Bankruptcy ,
Debtor-Creditor ,
Dischargeable Debts ,
Fair Credit Reporting Act (FCRA) ,
Financial Services Industry ,
Fraudulent Conveyance ,
Husky International Electronics v Ritz ,
Injury-in-Fact ,
Personal Liability ,
SCOTUS ,
Spokeo v Robins ,
Standing ,
Statutory Damages
Put down your remotes for just a minute and let’s talk about res judicata. You remember that lovely Latin legal concept don’t you? Or maybe you prefer the more modern English version of “claim preclusion”? Either way it means...more
Beware!! The story brought to us today courtesy of the Second Circuit Court of Appeals (In re: Motor Liquidation Co., 13-2187) is one that should strike fear into the hearts of all bankers and lawyers. It is a cautionary tale...more
1/23/2015
/ Appeals ,
Banks ,
Collateral ,
Commercial Bankruptcy ,
Financing ,
General Motors ,
JPMorgan Chase ,
Secured Debt ,
Termination Statements ,
UCC Financing Statements ,
Uniform Commercial Code (UCC)