Law Advice

PHILADELPHIA – The Third Circuit U.S. Court of Appeals on Jan. 24 affirmed the ruling that a retailer does not willfully violate the Fair and Accurate Credit Transactions Act (FACTA) by printing the expiration month, but not the year, of the credit card on a receipt (Randy Long, individually and behalf of all others similarly [...]

HARTFORD, Conn. – Allegations that a diet supplement company violated Connecticut and federal consumer laws by improperly using customers’ credit card information to obtain money to which the company was not entitled were ordered into arbitration on Jan. 9 by a federal magistrate judge (Federal Trade Commission, et al. v. LeanSpa LLC, No. 3:11-CV-1715, D. [...]

Credit repair organizations can require consumers to arbitrate their claims, the Supreme Court has ruled, rejecting arguments by consumer and senior citizen groups that the federal Credit Repair Organizations Act gives consumers a non-waivable right to go to court with claims of unfair or deceptive practices. View full post on Law.com – Newswire

The team heading up Credit Suisse’s litigation finance unit has struck out on its own in New York under the name Parabellum Capital, becoming the latest independent outfit to enter the growing field of third-party litigation funding in the United States. View full post on Law.com – Newswire

Wired News Rare Legal Fight Takes on Credit Card Company Security Standards and FinesWired NewsLegal experts say the case raises a number of broad questions that could have implications for enforcing contracts that many other merchants have signed with banks and card processors. “All it takes is for one case to drive a truck through [...]

SAN JOSE, Calif. – A federal judge in California on Jan. 5 certified a class and subclass but denied certification of another class and two subclasses in a case in which homeowners allege that Washington Mutual Bank (WaMu) improperly suspended their home equity lines of credit (Jeffrey Schulken, et al. v. Washington Mutual Bank, Henderson, [...]

Chicago Tribune New Illinois law raises earned-income tax creditCBS News(AP) CHICAGO — Legislation aimed at helping poor Illinois families keep more of what they earn was signed into law Tuesday, a month after Gov. Pat Quinn signed companion legislation granting tax breaks and incentives aimed at keeping two big employers …Quinn signs earned-income tax credit [...]

Chicago Tribune New Illinois law raises earned-income tax creditChicago TribuneCHICAGO— Legislation aimed at helping poor Illinois families keep more of what they earn was signed into law Tuesday, a month after Gov. Pat Quinn signed companion legislation granting tax breaks and incentives aimed at keeping two big employers in …Quinn signs earned-income tax credit lawChicago [...]

Chicago Tribune Quinn signs earned-income tax credit lawChicago Sun-TimesAP January 10, 2012 4:40PM Legislation aimed at helping poor Illinois families keep more of what they earn is now law. Gov. Pat Quinn on Tuesday signed the legislation, which expands the state's earned-income tax credit. …Illinois Gov. Pat Quinn signs earned-income tax credit into lawChicago Tribuneall [...]

WASHINGTON, D.C. – The Judicial Panel on Multidistrict Litigation (JPMDL) on Dec. 9 denied a motion for centralization of six class action lawsuits alleging that a company, its parent company and others violated the Racketeer Influenced and Corrupt Organizations Act by engaging in a conspiracy to assess charges on consumers’ credit and debit card accounts [...]