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17 Dec 2017, 3:28 pm by Wolfgang Demino
 The last blog post on Madden v Midland Funding discussed a fresh law review article advocating that other circuits embrace the Second Circuit’s holding that assignees of national banks do not “inherit” National Bank Act protection so as to allow them to collect interest at a rate that was not usurious when charged by the bank that owned the account (thanks to federal preemption protection), but exceeded the usury limits in the state in which Midland Funding, LLC, the… [read post]
17 Dec 2017, 3:28 pm by Wolfgang Demino
Recent article no help answering that question.Show me the Note in Madden and Midland, and show me the Valid-when-made Doctrine – The last blog post on Madden v Midland Funding discussed a fresh law review article advocating that other circuits embrace the Second Circuit’s holding that assignees of nationalbanks do not “inherit” National Bank Act protection so as to allow them to collect interest at a rate that was not usurious when charged by the bank that owned the… [read post]
14 Dec 2017, 6:35 am by Dan Carvajal
Several states, most notably South Dakota, have enacted legislation in conflict with Quill for the express purpose of relitigating the decision. [read post]
6 Dec 2017, 6:11 am by Joy Waltemath
In its December 2012 Latino Express, Inc. ruling, the NLRB adopted the acting general counsel’s proposed remedies requiring employers to reimburse the excess income taxes paid out by an employee as a result of having received a lump-sum backpay award and the reporting of that backpay allocation to the Social Security Administration. [read post]
5 Nov 2017, 2:56 pm by Kevin LaCroix
  Background An ICO is an alternative method for raising capital. [read post]
5 Nov 2017, 6:02 am by Wolfgang Demino
”Midland Funding LLC and similar nonbank debt buyers acquire charged-off debt at pennies on the dollar and therefore do not provide a means for the originating bank to “liquify their debts” and make capital available for further lending. [read post]
5 Nov 2017, 6:02 am by Wolfgang Demino
MADDEN136 S.Ct. 2505 (2016)MIDLAND FUNDING, LLC, et al., petitioners,v.Saliha MADDEN.No. 15-610.Supreme Court of United States.June 27, 2016.Petition for writ of certiorari to the United States Court of Appeals for the Second Circuit denied.136 S.Ct. 1484 (2016)MIDLAND FUNDING, LLC, et al., petitioners,v.Saliha MADDEN.No. 15-610.Supreme Court of United States.March 21, 2016.The Solicitor General is invited to file a brief in this case expressing the views of the United States.SECOND CIRCUIT… [read post]
26 Sep 2017, 6:41 am by Dan Carvajal
However, capital stock taxes, which disincentivize the accumulation of capital, distort firm sizes, and are levied even (or in the case of Ohio’s tax, especially) when a firm experiences net losses, have largely fallen out of favor, and only 16 states still impose them as of 2017. [read post]
23 Sep 2017, 3:05 pm by Cannabis Law Group
This brew venture is part of a larger working relationship between Lagunitas and CannaCraft, Inc. [read post]