A broken cookie cutter - Business
IMF’s governing board should devise a programme allowing for more gradual reforms in countries seeking loans from it as last resort.
Source: dawn.com
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New Developments under the Holder Rule Increase Risk to Creditors | Stroock & Stroock & Lavan LLP
To embed, copy and paste the code into your website or blog: In our February 16, 2021, Client Alert (“Holders Beware”), we noted recent California caselaw expanding consumer plaintiffs’ rights to seek attorneys’ fees and court costs from creditors pursuant to the Federal Trade Commission’s “Holder Rule,” 16 C.F.R. § 433.2. Since then, the California Supreme Court has agreed to consider the fee and cost issue. Additionally, the FTC recently issued new guidance rejecting transaction-size exemptions from the Holder Rule. Both developments may increase creditors’ liability ...
Source: jdsupra.com