Hunstein Decision Informs Financial Services Industry Use Of Third Party Vendors

More than a year ago on April 21, 2021, the 11th Circuit Court of Appeals issued an opinion in Hunstein v. Preferred Collection and Management Services Inc. that rocked the world of the debt collection industry, and the larger financial services industry in general. That decision put into question the legality of the common collection practice of using a third-party vendor to send collection letters to consumers. The practice was so common and universally accepted that […]

By | September 5th, 2022 ||

Checking In With Bank Of Ireland’s Nicholas Armstrong

In this episode of Fund Finance Friday: Industry Conversations, Bank of Ireland’s Nicholas Armstrong joins Cadwalader partner Jeremy Cross to discuss fund finance at BoI, as well as current market developments and predictions for the rest of 2021.

 

By | October 14th, 2021 ||

Traubenfliegel v. Miller & Milone

Taubenfliegel v. Miller & Malone, P.C., Case No. 1:18-cv-01884-ERK-JO (E.D.N.Y. Dec. 17, 2018)

Mound Cotton won summary judgment in favor of its client, Miller & Malone, P.C., in an action alleging violation of the Fair Debt Collection Practices Act.  The FDCPA is a strict liability statute that “generally forbids collectors from engaging in unfair deceptive or harassing behavior” and “establishes certain rights for consumers whose debts are placed in the hands of professional debt collectors […]

By | October 12th, 2021 ||