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Specialty Group: Financial Institutions and Markets

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Reliance on Reg. Z Model Forms May Be Misplaced

Contact: Heather Morris; Spencer Fane Britt & Browne LLP (Missouri, USA) Lenders beware! A federal district court recently held that despite a lender’s use of a model form, the disclosure provided by the lender ...

Can Depository Banks Have Liability to PACA Claimants?

Contact: Heather Morris; Spencer Fane Britt & Browne LLP (Missouri, USA) The Perishable Agricultural Commodities Act (“PACA”) is a federal statute regulating the purchase and sale of agricultural commodities, s ...

Collection Fees Based on Percentage of Debt Violates FDCPA

Contact: Heather Morris; Spencer Fane Britt & Browne LLP (Missouri, USA) For convenience, when collecting a debt, lenders may be tempted to simply add a percentage of the outstanding balance as the collection costs ...

Dunning Letters as to Time-Barred Debt Can Violate FDCPA

Contact: von Briesen & Roper, s.c. (Wisconsin, USA) The United States Court of Appeals for the Seventh Circuit (Wisconsin, Illinois, Indiana) has recently ruled that collection or "dunning" letters sent after the expir ...

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