Calif. Appeals Court Nixes Atty Fees In Debt Collector Suit

Law360, Los Angeles (January 16, 2014, 10:01 PM EST) -- A California appeals court on Thursday reversed a trial court’s decision to award nearly $12,000 in attorneys' fees to a law firm that was accused of improperly collecting debts in a putative class action, finding the borrower who brought the suit had done so in the public interest.

David Tourgeman sued Nelson & Kennard for allegedly listing the wrong lender on collection letters in violation of the Fair Debt Collection Practices Act after the cost of defending his debt topped $38,000, according to the decision. He...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

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.