Lawyers trade snarky letters over Trump suit threat; expert deems Trump ‘pretty much libel proof’
ABA Journal Daily News
CT Unfair Trade Practices Act is Only a Sword – Not a Shield in Foreclosure Actions
The Connecticut Appellate Court has recently weighed in on the topic of whether or not a claimed defense of a violation of the Connecticut Unfair Trade Practices Act constitutes a legally sufficient special defense to a foreclosure action in Connecticut. Put simply, the result of this case is that CUTPA is not a legally sufficient […]
Fact check: Misfires on Flint, trade in Dem debate
Hillary Clinton had more regard for Wall Street movers and shakers than she acknowledged when claiming she scolded the financial industry for “wrecking the economy.” The criticism she leveled at Wall Street came mixed with praise – and thanks for the political donations. Foreclosure News
Federal Trade Commission Issues Report to the Consumer Financial…
EDITOR’S NOTE: This post was guest-authored by Christopher J. Somma , an attorney in Goodwin Procter’s Consumer Financial Services Litigation Practice . Mr. Somma represents clients in distressed loan workouts, forbearances, restructurings, commercial and residential foreclosures, UCC foreclosure sales, distressed portfolio and asset sales, property disposition, creditors’ rights and insolvency, origination of commercial real estate […]
The next ‘Big Short’ trade has a lot of problems
According to Bloomberg, investors are starting to make bets that the record number of auto sales – and by extension growing number of auto loans of any quality, though subprime is the primary concern here – is creating an unsustainable credit bubble similar to the housing market in 2007. The problem is that the two […]