Question: May a consumer challenge a credit card agreement as "unconscionable" under the Consumer Legal Remedies Act? Answer: No, according to the Fourth District court of appeal in Ball v. FleetBoston Financial Corporation (G038894), decided June 5, 2008. There, a … Continue reading → The post Consumer Cannot Challenge Credit Card Agreement Under Consumer Legal Remedies Act first appeared on Legal News Directory. Related posts: The Consumer Credit Market: The CFPB’s 2017 CARD Act Report Credit Card Issuer Owes No Duty To Non-Obligor “Cardholder” A Loophole in the Banking Law! – A New Way to Be Bailed Out of Paying Credit Card Debt

Last August, when the SEC adopted its disclosure simplification rules, it referred to FASB certain Reg S-X & S-K line items that overlapped with GAAP but called for incremental disclosure, and asked FASB to consider incorporating those additional disclosure requirements … Continue reading → The post Disclosure Simplification: SEC Referral Prompts FASB to Seek GAAP Tweaks first appeared on Legal News Directory. Related posts: “Schumer Box” Disclosure Not “Clear and Conspicuous” As a Matter of Law Bank May Seek Attachment On Unsecured Guaranty Even If Principal Loan Is Secured Corporation Finance Division Issues Interpretations on Executive Compensation Disclosure, Including Shareholder Advisory Votes

A new video is now available as part of our ESG video series. In this video, Simon Lovegrove and Beth Duff discuss the European Commission’s action plan on sustainable finance, and specifically the proposal for a Regulation for disclosures. In … Continue reading → The post ESG and the Commission legislative proposals for disclosures first appeared on Legal News Directory. Related posts: ECB opinion on draft legislative proposals amending the Regulation establishing ESMA, MiFID II and Solvency II CLAIM THAT LENDER VIOLATED UCL IN DISCLOSURES ON HUD-1 SETTLEMENT STATEMENT STATED A CLAIM AND WAS N ABA Asks SEC to Follow Legislative History When Adopting Securitization Conflict of Interest Regulations

http://www.fashionapparellawblog.com/ Read more detail on Legal News Directory – Banking and Finance law The post Fashion and Apparel Law first appeared on Legal News Directory. Related posts: Fashion & Apparel Law Murphy’s Law Strikes Kreesha Turner At Fashion Cares | popdirt.com Phat Fashion v Victorias Secret re P logo

THE LODESTAR COMES TO ALL LONE STAR STATE COURTS Last month the Texas Supreme Court handed down an important decision on attorney’s fees in a case involving a dispute over a commercial lease. Rohrmoos Venture v. UTSW DVA Healthcare, LLP, No. … Continue reading → The post From Arthur Andersen to Rohrmoos Venture: New leading case for attorney fee awards in Texas first appeared on Legal News Directory. Related posts: Joseph Onwuteaka, attorney and debt collector for his own debt-buying company loses another appeal in an FDCPA case over his practice of suing consumers in the wrong county Texas jury awards $60 million in oil and gas royalty fraud case Greek Maritime Officer Acquitted in Texas “Magic Pipe” Case

Mortgage Fraud Blog. Richard Earl Jeffcoat, 52, Pelion, South Carolina was sentenced today to six months in federal prison and six months of home confinement after pleading guilty to Conspiring to Commit Bank Fraud. Facts presented in court established that … Continue reading → The post Man Sentenced for Loan Fraud first appeared on Legal News Directory. Related posts: Attorney Sentenced to Prison for Mortgage Fraud Former Senator/Lawyer Sentenced for Loan Fraud 7 Year Sentence Handed Down for Loan Fraud

KARACHI (May 05 2007): Governor, State Bank of Pakistan, Dr Shamshad Akhtar appreciated the role of banking sector and expressed satisfaction over the growth in credit disbursement to private sector during July-April FY07 where net credit to private sector grew … Continue reading → The post Net credit to private sector grows by over Rs 266 billion: SBP governor lauds role of banking sector first appeared on Legal News Directory. Related posts: Chinas banking sector hunger for talents (China Daily) A Loophole in the Banking Law! – A New Way to Be Bailed Out of Paying Credit Card Debt Iceland ex-PM pleads not guilty to charges over role in banking collapse

By Amy Leisinger, J.D. In recent remarks, the SEC’s Office of Compliance Inspections and Examinations Director Peter Driscoll urged chief compliance officers and firms on the whole to remain vigilant in their efforts to protect investors. According to the director, … Continue reading → The post OCIE head highlights key compliance considerations, potential internal controls enhancements first appeared on Legal News Directory. Related posts: Study: Six Years After Section 404's Internal Controls Pending COSO Updated Internal Controls Framework Discussed by PCAOB's Standing Advisory Group Singapore Court of Appeal Says Statutory Duty on Company to Maintain Internal Accounting Controls Not for Benefit of Third Parties

THE CASE OF THE SCAMMED ATTORNEY: WHO SHOULD BEAR THE RISK AND LOSS – BANK OR BANK CUSTOMER? Houston court of appeals panel splits on bank's overdraft claim against attorney resulting from chargeback applied to IOLTA account when counterfeit settlement check was … Continue reading → The post UCC vs. Common Law in Texas: Cadence Bank v. Elizondo (Tex.App. 2019) Houston COA panel splits in dispute between attorney and bank over charge-back for a fraudulent settlement check first appeared on Legal News Directory. Related posts: Bank Not Liable In Nigerian-Style Email Scam Bank May Seek Attachment On Unsecured Guaranty Even If Principal Loan Is Secured Depository Bank Not Liable When Checks Were Deposited Into The Account Of A Related But Differ

Introduction On 16 May 2019, the PRA published a speech given by its CEO, Sam Woods. In his speech Mr Woods discusses what the UK system of financial regulation might look like after the UK leaves the EU. Stringency Mr … Continue reading → The post UK regulation after Brexit first appeared on Legal News Directory. Related posts: BoE evidence to House of Lords’ EU Financial Affairs sub-committee inquiry into financial regulation and supervision following Brexit Congress Approves Historic and Sweeping Overhaul of US Financial Regulation Financial service regulation and compliance issues for 2011