August 27, 2020 Update. On August 24, 2020, the Small Business Administration (“SBA”), in consultation with the U.S. Department of the Treasury (“Treasury”), published the Interim Final Rule […]
Usher Restaurant Loan Lawsuit Moves Forward Against Bryan-Michael Cox
Usher has won a court ruling allowing him to proceed with $700,000 legal claims against music producer Bryan-Michael Cox over a loan for a failed Atlanta restaurant. A […]
Icahn’s Lawsuit Against Commercial Mortgage-Backed Securities Loan Special Servicer Clears Hurdle
A state court cleared billionaire Carl Icahn to continue his battle against special servicers for commercialized mortgage-backed securities loans, finding that the activist investor had standing to sue […]
Teachers Union Sues U.S. Department of Education Over Halted Student Loan Repayment Plans
A teachers union sued the U.S. Department of Education in Washington, D.C., federal court Monday, challenging the agency’s abrupt shutdown of income-driven repayment plans that help student loan […]
Mortgage Giants Face Lawsuit Over Loan Disclosures
Rocket Mortgage LLC and Charles Schwab Bank SSB have been hit with a lawsuit alleging violations of the Truth in Lending Act related to mortgage disclosures. Franz Bunnell […]