WASHINGTON, D.C. - (Mealey's) Because the Credit Repair
Organizations Act (CROA) does not specifically state whether claims brought
pursuant to the act are eligible for arbitration, the Federal Arbitration Act
(FAA) requires an arbitration agreement in a credit card agreement "to be enforced...
WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court
heard oral arguments on Nov. 7 over whether a prevailing defendant in a Fair
Debt Collection Practices Act (FDCPA) lawsuit may be awarded costs even though
the lawsuit was not brought in bad faith or with an intent to harass ( Olivea
WASHINGTON, D.C. - (Mealey's) Section 1692k(a)(3) of the
Fair Debt Collection Practices Act (FDCPA) "is not contrary to, and, thus, does
not displace a district court's discretion to award costs under" Federal Rule
of Civil Procedure 54(d)(1), a divided U.S. Supreme Court ruled today...
In a legal environment that seems to be growing increasingly difficult for Ponzi scheme victims to recover their losses, the United States Supreme Court gave a group of defrauded investors some welcome news. The Court issued its decision in Chadbourne & Park LLP v. Troice et al. , 2014 U.S. LEXIS...