Debt Consolidators Ask 11th Circ. To Nix Award Conversion

Law360, Miami (May 22, 2013, 5:40 PM EDT) -- Former debt consolidators who were the subject of a $40 billion Federal Trade Commission Act case told the Eleventh Circuit on Wednesday that a district court erred in converting a civil contempt reward against them into a standard money judgment, and also deprived them of due process.

The appeal focuses on just over $500,000 that remains unpaid from a compensatory reward granted to the Federal Trade Commission when Randall L. Leshin, Charles Ferdon and two companies owned by Leshin were found to be in contempt of...
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