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New Rules Proposed for Debt Collectors and Reporting Agencies
March 29, 2012
The Consumer Financial Protection Bureau announced a proposed rule to include debt collectors and credit reporting agencies under its nonbank supervision program. These consumer financial market participants are not currently subject to federal supervision.
New Requirements for Companies with Personal Information of MA Residents
March 29, 2012
Companies with personal information of Massachusetts residents must amend their existing contracts with vendors that handle such information to require the vendors' compliance with the Massachusetts data security regulations.
Full Recourse Enforcement of Non-Recourse Loans
March 29, 2012
Two recent cases from Michigan could have far-reaching implications nationwide regarding the enforceability of non-recourse loans as fully recourse.
Cow Harbour True Lease Characterization Decision 'Released'
March 29, 2012
Whether a lease is a "true" or "finance" lease has been debated in Canadian courts for decades in many different contexts. The Alberta Court of Queen's Bench recently released one of the most important recent decisions in this debate and provided significant guidance as to how leases are to be classified in insolvency cases.
March issue in PDF format
February 28, 2012
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In the Marketplace
February 28, 2012
Highlights of the latest equipment leasing news from around the country.
Wells Fargo Survey Forecasts Non-Residential Construction Activity to Increase
February 28, 2012
According to a recent survey, construction contractors and equipment distributors are optimistic that local non-residential activity will improve in 2012.
Finding the Most Qualified Customers As Infrastructure Jobs Drive Demand
February 28, 2012
Equipment financing and leasing professionals who can accurately gauge a contractor's abilities and financial situation — and then work with that contractor to maximize its capabilities — will be well-positioned to capitalize on new projects.
The Route to Federal Court Clarified
February 28, 2012
While the Jurisdiction and Venue Clarification Act of 2011 does not change the jurisdictional requirements for removal, and the basic removal procedures are left largely unchanged, the Act does in-house and outside counsel a service by settling removal issues that often varied by circuit, including the first-or-last-served defendant rule, the standard for measuring the amount in controversy, and the permissibility of exceptions to the one-year bar.
Prepping for the 2010 Amendments to Article 9 of the UCC
February 27, 2012
In 2008, the Uniform Law Commission and the American Law Institute set to work on evaluating and improving Article 9. A set of amendments which were completed in May 2010 by the ULC and the ALI reflecting these efforts is ready for consideration by state legislatures. This article discusses some of the troublesome issues that prompted the work of these commercial law grandees and the solutions contemplated by the 2010 amendments.

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