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Turner Falk will speak during a session on how to budget for college and manage student loans. Students from the University of Pennsylvania Carey Law School Financial Literacy Pro Bono project will be in attendance. This session will be hosted by Consumer Bankruptcy Assistance Project.

On February 16, 2024, the Consumer Financial Protection Bureau issued revisions to its supervisory appeals process. The Bureau’s supervisory appeals process has not changed since 2015, and the Bureau’s announcement notes that these new revisions “broaden the Bureau officials eligible to evaluate...

Candice L. Kline, Partner at Saul Ewing, will be speaking in an upcoming live video webinar, " Intersection of Bankruptcy and ADR: Issues for Creditors, Counterparties, and Plan Proponents " scheduled for Friday, February 16, 1:00pm-2:30pm EST. Alternative dispute resolution (ADR) issues arise in...

Saul Ewing LLP's Consumer Financial Services Litigation Practice recently hosted their annual half-day CLE program on Thursday, December 14. This program provided updates on consumer financial services litigation and enforcement trends, including federal and state governments' top consumer...

On November 21, 2023, the Federal Trade Commission (FTC) approved a resolution allowing it to use “compulsory process in nonpublic investigations involving certain products and services that use or claim to be produced using artificial intelligence (AI) or claim to detect its use.” This allows the...

On October 31, 2023, a Missouri jury awarded the plaintiff class in Sitzer/Burnett v. Nar, et al a $1.78 billion damages verdict against several real estate brokerage companies and the National Association of Realtors, based on a finding that the defendants conspired to fix commission being paid by...

A previous article discussed the rising prevalence of mediation in large chapter 11 bankruptcies, especially its use in previously rare scenarios such as plan confirmation. Part II considers a more traditional mediation topic: adversary proceedings.

Financial Poise Webinars™ announces “Focus on Manufacturing,” a live webinar premiering November 9th at 2:00 PM CST. This webinar is co-produced by West LegalEdCenter™ and part of the “ Chapter 11- Industry Focus 2023 ” series. It will feature Jonathan Friedland (Much Shelist, P.C.); Ken Yager...

I. Introduction: On October 3, 2023, the U.S. Supreme Court held oral argument in Community Financial Services Association of America Ltd. v. Consumer Financial Protection Bureau. This case has potentially widespread implications for the consumer finance industry, as it challenges the...

On November 1, 2023, Candice Kline will speak during the Financial Poise Webinar RESTRUCTURING, INSOLVENCY & TROUBLED COMPANIES 2023. The topic which she will speak on is "Bad Debtor Owes Me Money."

In September, the Consumer Financial Protection Bureau issued guidance on compliance with the Equal Credit Opportunity Act’s adverse action notice requirements for lenders utilizing artificial intelligence in their credit decision process. Specifically, the Bureau noted that lenders may not rely...

Paige Topper will participate in the National Conference of Bankruptcy Judges (NCBJ) 2023 NextGen Program. Each year, the NCBJ NextGen program selects up to 50 "up-and-coming" bankruptcy practitioners who "demonstrate legal excellence in the practice of bankruptcy law" to participate in a four-day...

Notable: Envisioning the Modern ABA - A Practical How-To for Building a Compliant, Scalable JV Agency This session will take an updated, practical look at building compliant joint ventures in today's economic and regulatory climate. Panelists will discuss from both a compliance and operational...

Crypto and Bankruptcy: Where We Are and Where We Are Going This panel discussed the current state of crypto and digital asset bankruptcies. The panelists also revisited hot topics from last year, covered major decisions made, issues still to be decided, and how the law is adapting with this...

Hedge funds and other distressed debt traders buy and sell millions of dollars of distressed securities and bankruptcy claims every day. A number of private equity funds focus exclusively on buying distressed businesses, fixing, and selling them. And fortunes are made when real estate crashes by...