Submitted by Anonymous (not verified) on Tue, 09/04/2018 - 20:47
By James Barron Mohammed Uddin was having a bad day, and it was only lunchtime. He was fourth in line at a green-taxi stand in Astoria, Queens, and not happy about it. But he was not waiting for a green cab to pull up. He was in a line of green cabs waiting for passengers to pick up in the shadow of the Astoria Boulevard subway station.
Submitted by Anonymous (not verified) on Fri, 08/31/2018 - 17:13
In Tepper v. Amos Financial, LLC, No. 17-2851 (3d Cir. August 7, 2018), the court distinguished the Supreme Court’s restrictive decision in Henson v. Santander Consumer USA, Inc., and held that the defendant, a company whose principal business is the acquisition and collection of debts is a “debt collector” under the Fair Debt Collection Practices Read More
Submitted by Anonymous (not verified) on Thu, 08/30/2018 - 20:28
The automatic stay of Bankruptcy Code section 362(a)(1) prohibits: “The commencement or continuation, including the issuance or employment of process, of a judicial, administrative, or other action of proceeding against the debtor that was or could have been commenced before the commencement of the case under this title, or to recover a claim against the Read More
Submitted by Anonymous (not verified) on Wed, 08/29/2018 - 20:51
Here at Shenwick & Associates, we were one of the first law firms to foresee the taxi medallion valuation crisis. And now, we see the potential for disruption to another integral aspect of life in New York City–the hospitality industry, including restaurants and bars.
Submitted by Anonymous (not verified) on Tue, 08/28/2018 - 21:50
by Herb Weisbaum
Credit card delinquencies on the rise. Despite a strong economy and low unemployment, Americans are falling behind in paying off their credit card debt.
The delinquency rate on all U.S. credit card loans is 2.47 percent — up from 2.42 percent at the beginning of 2017 and 2.12 percent in the second quarter of 2015, according to the Federal Reserve Bank of St. Louis.