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Trenam News

Apr 30 2018
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Protecting Your Institution from Fair Credit Reporting Act Litigation

By Bankruptcy and Creditors' Rights, News, Publications
The article was originally published by ABA Bank Compliance in May-June 2018. In everyday language, “frivolous” is defined as “silly” and “not having any serious purpose or value.” The legal definition of “frivolous” is “lacking in any arguable basis or merit in either law or fact.” Most defendants in litigation…
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Apr 27 2018
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Amy Drushal Authors Article for ABA Bank Compliance Discussing Frivolous Fair Credit Reporting Act Litigation

By Bankruptcy and Creditors' Rights, Financial Services, Litigation and Dispute Resolution, News, Publications
Amy Drushal authored the article “Protecting Your Institution from Fair Credit Reporting Act Litigation,” published in the May/June 2018 edition of the American Bankers Association’s Bank Compliance magazine. Given the uptick in frivolous claims brought by plaintiffs under the FCRA, financial institutions must be prepared to protect themselves from Fair…
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Apr 05 2018
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Lori V. Vaughan and Megan W. Murray Author Article in ABI Journal Discussing Future-Advance Clauses

By Bankruptcy and Creditors' Rights, Business Transactions, Financial Services, Litigation and Dispute Resolution, News, Publications
This article was originally published by the ABI Journal in April 2018.   Future-advance (or “dragnet”) clauses can be found in most loan documents today, but have you ever considered whether you can enforce them? One could easily argue that loaned money is collectable, either under the promissory note or…
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