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Specialty Group: Financial Institutions and Markets

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Out of Time – Transitional PPSA Provisions No Longer Provide Protection

Contact: Matt Couper, Mark Kenney and Laura Bergan; Carter Newell (Queensland, Australia) If you have previously been relying on the transitional provisions of the Personal Properties Securities Act 2009 (Cth) (PPSA) an ...

Reliance on Reg. Z Model Forms May Be Misplaced

Contact: Heather Morris; Spencer Fane Britt & Browne LLP (Missouri, USA) Lenders beware! A federal district court recently held that despite a lender’s use of a model form, the disclosure provided by the lender ...

Can Depository Banks Have Liability to PACA Claimants?

Contact: Heather Morris; Spencer Fane Britt & Browne LLP (Missouri, USA) The Perishable Agricultural Commodities Act (“PACA”) is a federal statute regulating the purchase and sale of agricultural commodities, s ...

Collection Fees Based on Percentage of Debt Violates FDCPA

Contact: Heather Morris; Spencer Fane Britt & Browne LLP (Missouri, USA) For convenience, when collecting a debt, lenders may be tempted to simply add a percentage of the outstanding balance as the collection costs ...

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