Ninth Circuit Appellate Panel Overturns the BAP; Approves Wells Fargo Freeze Policy

Ninth Circuit Appellate Panel Overturns the BAP; Approves Wells Fargo Freeze Policy

We have been following the Mwangi case since 2010 when we first heard of Wells Fargo placing a “temporary administrative pledge,” known as a “freeze” on a debtor’s bank account after it discovered that they had filed bankruptcy. You can read the first article here and the follow up article here.

Third-Party Releases in Bankruptcy: Analysis Provided by SDNY

In the recent decision of In re Genco Shipping & Trading Ltd.the United States Bankruptcy Court for the Southern District of New York approved certain non-consensual third-party releases granted by unimpaired creditors and equity holders, to the extent that they complied with the US Court of Appeals for the Second Circuit’s standard for approval of these releases.

Florida Consumer Collection Practices Act Applies to Anyone Collecting a Debt

By | Florida Banking Law Blog | August 28, 2014