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Lenders › Personal Jurisdiction

Orrick, Herrington & Sutcliffe LLP

District court finds communicating digitally enough to hold defendants liable for doing business in state

Orrick, Herrington & Sutcliffe LLP on

On May 29, the U.S. District Court for the Middle District of North Carolina denied a motion to dismiss an action filed against several finance companies accused of violating North Carolina’s consumer protection laws. The...more

Harris Beach Murtha PLLC

New York Enacts Law Limiting Lenders in Foreclosure Actions

Harris Beach Murtha PLLC on

On December 30, 2022, New York Gov. Kathy Hochul signed into law the Foreclosure Abuse Prevention Act (the “Act”), which will hinder lenders and servicers’ ability to foreclose on New York homeowners. The Act makes the...more

Cole Schotz

Secondary Market Transaction Results in U.S. Court Jurisdiction Over Foreign Lender

Cole Schotz on

Foreign financial institutions that trade dollar-denominated securities on the secondary market may not appreciate that they could be forced to defend an action arising from such a transaction in a U.S. court. That is what...more

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