1271 ABA Journal Banking Law articles.
A federal appeals court has overturned an arbitration decision because the person who headed the arbitration panel had falsely claimed to be a California lawyer.
The San Francisco-based 9th U.S.…
Nov 8, 2016 7:00 AM CST
The mortgage-lending practices of the nation’s largest banks and their effects on inner-city neighborhoods will be the backdrop in a U.S. Supreme Court case to be argued today.
Nov 1, 2016 2:40 AM CDT
The National Credit Union Administration paid two law firms more than $1 billion in fees and expenses to help recover more than $4 billion from banks in cases related to…
Oct 21, 2016 9:27 AM CDT
A bankrupt New Jersey foreclosure law firm has filed a lawsuit blaming part of its financial predicament on Wells Fargo’s delay in correcting “robosigning” problems.
The Oct. 14
Justice Stephen G. Breyer offered a Kim Kardashian hypothetical on Monday as the U.S. Supreme Court considered the intent requirement under the federal bank fraud law.
At issue in the…
Oct 5, 2016 11:35 AM CDT
A federal judge in Nevada has ordered race car driver Scott Tucker and several of his lending companies to pay $1.3 billion restitution in a deceptive payday-lending scheme.
The award…
Oct 4, 2016 10:26 AM CDT
The U.S. Supreme Court on Thursday agreed to decide the constitutionality of laws barring merchants from calling extra fees for credit-card use a “surcharge.”
At issue is whether such laws…
Sep 29, 2016 12:38 PM CDT
The federal government failed to prove that American Express violated antitrust law with policies that stopped merchants from encouraging customers to use other, lower cost credit cards, a federal appeals…
Sep 27, 2016 10:51 AM CDT
Wells Fargo was fined $185 million on Thursday for opening bank accounts and applying for credit cards on behalf of customers who were unaware they were being signed up.
The…
Sep 8, 2016 3:03 PM CDT
Lawyers are hard hit by JPMorgan’s decision to require clients of its top banking service to have $10 million in investible assets.
Lawyers are the clients most affected by the…
Sep 7, 2016 2:14 PM CDT
A civil asset forfeiture case involving $3.5 billion in assets allegedly diverted from a Malaysian-owned economic development company has raised questions about the use of law firm trust accounts.
The…
Aug 10, 2016 8:15 AM CDT
Goldman Sachs has been ordered to pay $36.3 million for using confidential regulatory information from the Federal Reserve Board in client pitches.
The board imposed the fine on Wednesday,…
Aug 3, 2016 11:58 AM CDT
Requiring law firms to disclose the identities of clients and when establishing trust accounts would be inconsistent with ABA Model Rule 1.6.
Aug 1, 2016 12:50 AM CDT
The Consumer Financial Protection Bureau on Thursday outlined proposed new rules to rein in third-party debt collectors and debt buyers.
The proposed rules require the debt collectors to substantiate the…
Jul 29, 2016 10:50 AM CDT
A judge in New York has awarded Citibank nearly $400,000 in its suit to recover an unpaid loan from former Dewey & LeBoeuf chairman Steven Davis.
Judge Nancy Bannon found…
Jul 5, 2016 1:08 PM CDT
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