Calif. Rips Chase's Defenses In Abusive Debt-Collection Row
Law360, Los Angeles (April 25, 2014, 10:29 PM EDT) -- The state of California urged a Los Angeles County judge on Thursday to toss a bevy of equitable defenses JPMorgan Chase & Co. asserted against claims that it abused credit-card customers through shoddy record-keeping and other debt collection practices that have plagued the mortgage servicing industry.
At a hearing Thursday, Deputy Attorney General James Toma asked Superior Court Judge Jane L. Johnson to reconsider her written tentative ruling, which sustained the state's demurrer on 10 of JPMorgan's 20 affirmative defenses. Toma said that JPMorgan's equitable defenses shouldn't be available against a public law enforcement claim.
“In this case what the defendant...
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