COMMERCIAL LAW LEAGUE OF AMERICA

FROM THE CLLA NEWSWIRE


Extra CLW Content: View A Longer Version Of The "This Isn't Your Land" Article From Our Last Issue!

Read an expanded version of "This Land Isn't Your Land," by Harry W. Greenfield and Jeffrey C. Toole of Buckley King, here

CBO Says S. 1821 Could Decrease Spending By $1 Million

 Find out more in our latest Washington Hot News update

WASHINGTON HOT NEWS

FTC, CFPB Sign Memorandum Of Understanding

January 25, 2012

The Federal Trade Commission and Consumer Financial Protection Bureau signed a "memorandum of understanding" to promote effective cooperation in their dual roles of protecting consumers on Fri., Jan. 20, 2012.  

The two agencies will work to "prevent duplication, provide consistency and ensure a vibrant marketplace for consumer financial products or services."

The provisions of the memorandum require the FTC and CFPB to coordinate law enforcement activities, potential court actions and administrative proceedings.  

Prior to commencing any investigation where both agencies have jurisdiction, the memorandum requires both agencies to check for any duplications in investigations and actions. The FTC voted 4-0 to approve the memorandum with the CFPB.

MEMBER NEWS

Photos From The 117th National Meeting and 81st Chicago Spring Meeting, In Conjunction With The Midwest Region

June 16, 2011

 Recognize any members in these photos from the 117th National Meeting and 81st Chicago Spring Meeting, presented in conjunction with the Midwest Region last April in Chicago?

POSITION PAPERS

Commercial Law League Of America Expresses Opposition To Proposed Bankruptcy Rule Changes

March 02, 2010

In a letter sent to the Committee on Rules of Practice and Procedure in mid-February, 2010, the CLLA's Bankruptcy Section Legislative Committee expressed a strong opposition to the proposed changes, which would require additional supporting information and documentation to be filed with proofs of claim in cases in which the debtor is an individual. 

PRESS RELEASES

League Members Meet With Congressional Staff To Push For Bankruptcy Legislation

August 08, 2011

 Aug. 8, 2011 -- Several members of the Commercial Law League of America met with congressional staff members on Aug. 5, 2011, to share the CLLA's position on critical bankruptcy issues including entities filing cases in remote jurisdictions and the rules regarding small business reorganizations.

SCAM ALERTS

Important Information Regarding Trust Account Fraud

June 13, 2011

The Colorado Supreme Court Office of Attorney Regulation received specific information regarding a trust account scam operating out of Canada.  The fraud involves purported collection on a promissory note and involves both the lender and the debtor.  The “client” is seeking the assistance of the lawyer in collecting on the promissory note.  Shortly after making a demand for payment, the lawyer receives  cashier’s checks drawn on an Ohio bank.  The checks total $80,000.  The “client” expects the lawyer to run the checks through the lawyer's trust account and then forward the funds to the “client.”  The cashier’s checks pass the typical fraud detection safeguards and appear legitimate.  A slight spelling error is the only indication of fraud.  All Colorado lawyers should be wary of any similar scheme.  If you are the recipient of telephone calls or emails seeking legal assistance in matters similar to the above facts, you should take all necessary precautions to verify the negotiability of the checks.  Please contact your office of attorney regulation and law enforcement with any information related to this scheme.

Site Map Privacy Policy Contact Us

CLLA Search

Continuing Legal Education

Member Login

Spotlight

New York Meeting - more exciting than ever!

The NEW New York Meeting will feature a number of exciting changes this year - including new starting and ending days and times,  new programming,  a newly refurbished hotel and more.

Connections

CLLA Connections Jan. 26, 2012 Issue

FTC, CFPB Sign Memorandum Of Understanding

Viewpoint

We have to start meeting like this!

Someone once said, "History is written by people who attend meetings, and stay until the end and keep the minutes" -- and the folks who attended CLLA's 116thNational Meeting in Chicago certainly helped write history. The very successful meeting featured outstanding educational programs, passionate discussions about important issues facing the profession and the CLLA, and engaging networking events.

CLLA sponsors ABC

As a sponsor of the American Board of Certification, the CLLA encourages certification of attorneys in business bankruptcy, consumer bankruptcy and creditors' rights law.

Visit the ABC Website to learn more about its specialty programs.