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Fourth Circuit holds that lenders can require borrowers to waive ECOA claims in connection with loan work-outs

On November 5, 2013 by Schnader in schnaderfsb.com

By Stephen J. Shapiro The Equal Credit Opportunity Act (ECOA) prohibits lenders, with certain exceptions, from requiring a borrower’s spouse to sign a loan.  In a recent decision, the Fourth Circuit held that, although a lender cannot require a borrower’s spouse to waive claims under ECOA as a precondition to extending […]

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NLRB Notice Posting Rule Invalidated by Fourth Circuit

On June 14, 2013 by Schnader in schnaderworks.com

By Scott J. Wenner The United States Court of Appeals for the Fourth Circuit has delivered the latest in a series of judicial roundhouse blows to the National Labor Relations Board. In Chamber of Commerce of the United States v. National Labor Relations Board, the Court held that the NLRB exceeded its rulemaking […]

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