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Consumer Law Hinsights – April 2021 | Hinshaw & Culbertson - Consumer Law Hinsights

  Consumer Law Hinsights is a monthly compilation of nationwide consumer protection cases of interest to financial services and accounts receivable management companies. Eleventh Circuit Delivers Surprising Decision on Use of Third-Party Vendors in FDCPA Case The district court dismissed the case for lack of standing and Hunstein appealed. The Eleventh Circuit concluded that the requirements of standing could be met in one of three ways: 1) tangible harm in the form of physical injury, financial loss, or emotional distress; 2) a risk of real harm requiring factual allegations that establish substantial, significant, or real danger; and 3) statutory violations. The court found that while Hunstein failed to establish either tangible harm or risk of real harm, he did establish a statutory violation that granted him standing. Their statutory violation analysis involved looking at history and the judgment of Congress. The court took a very textualist view of the law and surprisingly

Crain s list: Chicago s largest privately held companies in 2021

Print Yes, 2020 was a tough year for many businesses on our annual list ranking Chicago’s Largest Privately Held Companies. But when you look at all 366 companies on the print version of the list, the picture doesn’t look so bad. Combined revenue for the entire list actually grew by 4.1 percent in 2020. Granted, local employment at those companies fell by 1.1 percent, and worldwide employment dropped 2.3 percent. (Those figures exclude a few companies for whom we don’t have two years of consistent data.) Companies in the top 25 faired particularly well in terms of revenue. Only six saw revenue decreases. The perennial No. 1 company on the list, State Farm Mutual Automobile Insurance Co., was roughly flat, reporting a 0.62 percent revenue decline, but the next two companies showed much more volatility: Insurer Health Care Service Corp. posted a 21.8 percent gain, cementing its place in the No. 2 spot, while food and beverage distributor Reyes Holdings saw a 17.6 percent

Bursting Pipes, Sagging Roofs Strain Texas Adjusters, Contractors

Bursting Pipes, Sagging Roofs Strain Texas Adjusters, Contractors After the big freeze in Texas comes the big thaw and the big demand for workers to repair the broken pipes and sagging roofs the retreating ice and snow will reveal. It could take months for contractors to fix the damage the massive storm inflicted on Texas, said Greg Sizemore, a vice president of the Associated Builders and Contractors. The magnitude of the problem could be much larger than Hurricane Harvey, which was confined mostly to the Gulf Coast. Other states are also in need of contractors, and the industry has been facing a shortage of construction workers because of Covid-19 health and supply issues, Sizemore said.

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