Creditors Beware: Choose Your Words Carefully!

Law360, New York (June 12, 2009, 12:00 AM EDT) -- Under pressure from the current economic turmoil, businesspeople may be more likely than ever to let the world know exactly what they think of a party that has wronged them. For instance, all too often people hit the “send” button on a scathing e-mail prematurely in an attempt to strike a small victory for vengeance and rough justice.

It has become a dramatically smaller world where message delivery is easy and rapid. At the same time, collectors, bankers, debtors and guarantors are all fighting for their...
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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.