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  Such violations included: Failing to reduce APRs to the appropriate level because the creditors could not identify the lowest rate applicable to the acquired accounts due to their failure to obtain this data from the seller at the time of  acquisition. [read post]
3 May 2022, 11:54 am by Scott Bomboy
In another 5-4 decision from Justice Kennedy, the court said sellers who engage in significant business within a state may be required to pay taxes, even if the business does not have a physical presence in the taxing state. [read post]
2 May 2022, 12:36 pm by Timothy Misner
Consumer disputes that arise between a consumer and a seller, including claims by a third party involved in the transaction. [read post]
26 Apr 2022, 4:40 am
Telge, 139 N.H. 407 (1995), which dismissed a homeowner’s implied warranty claim against the seller who wasn’t also the builder, but allowed an implied warranty claim to proceed against the septic installer hired by that seller. [read post]
26 Apr 2022, 12:15 am
Yesterday, I discussed the confused characterization of the defendant in Carbon Crest, LLC v. [read post]
25 Apr 2022, 1:39 pm by Kevin LaCroix
  The complaint alleges that in the Offering Documents and in statements during the class period, the defendants made false or misleading statements and/or failed to disclose that: (i) the Company had defective financial controls; (ii) as a result, there were errors in the Company’s financial statements related to the misclassification of certain shares issued prior to the Business Combination; (iii) accordingly, the Company would need to restate certain of its financial statements; (iv)… [read post]