Yesterday, the Seventh
Circuit rejected Fifth and Eighth Circuit precedent by holding
USCS Appx § 3B1.3 's abuse-of-trust sentencing enhancement was not applicable
per se to a relationship between lenders and a mortgage broker who had falsified
loan applications and provided phony...
In its recent decision in AXIS Surplus Lines Ins. Co. v. Halo Asset Management , LLC, 2013 U.S. Dist. LEXIS 139065 (N.D. Tex. Sept. 27, 2013) [ enhanced version available to lexis.com subscribers ], the United States District Court for the Northern District of Texas had occasion to consider whether an...