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Category: Finance

Third Circuit: A business whose reason for existence is obtaining payment on debts is a debt collector under the FDCPA

On March 13, 2019 by Schnader in Finance

Stephen J. Shapiro published a client alert, “Third Circuit: A business whose reason for existence is obtaining payment on debts is a debt collector under the FDCPA.” The alert concludes that debt buyers would be well-advised to assume that they will be subject to the provisions of the FDCPA, at […]

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October 10 is the Date: Be Prepared for Changes to the Pa Contractor and Subcontractor Payment Act

On October 8, 2018 by Schnader in Client Alerts

Alexandra Zeiger published a client alert, “October 10 is the Date: Be Prepared for Changes to the Pa Contractor and Subcontractor Payment Act.” “The Pennsylvania General Assembly recently revised and Governor Tom Wolf signed into law important changes to the Contractor and Subcontractor Payment Act (CASPA), which affect construction contracts […]

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The Third Circuit Holds that the FDCPA Applies to Debt Collectors that Are Collecting Debts They Own

On August 8, 2018 by Schnader in Finance

By Stephen J. Shapiro The Fair Debt Collection Practices Act regulates the conduct of debt collectors. The Act defines a “debt collector” as (a) any entity whose “principal purpose . . . is the collection of any debts” (the “principal purpose” definition), or (b) any entity that “regularly collects or […]

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Taking a Trip Around the Regulatory Block: U.S. Regulation of Blockchain and Digital Assets

On July 31, 2018 by Schnader in Client Alerts

Dennis O. Cohen and Rebecca Crance published a client alert, “Taking a Trip Around the Regulatory Block: U.S. Regulation of Blockchain and Digital Assets.” “Blockchain – a distributed electronic ledger that facilitates decentralized transaction networks – has the potential to transform finance and business not unlike the World Wide Web […]

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