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Academic

: Banking Law Prof Blog

Should the regulators give banks time to earn their way out of trouble?

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One of the key problems from the last financial institution crisis was "regulatory forebearance," unjustifed delays by regulators, especially the FHLBB and FHLIC. Many S&Ls stayed open long after they were insolvent, for many reasons including: their insurance fund itself...

Full post as published by Banking Law Prof Blog on December 11, 2010 (boomark / email).

Lawsuits and Settlements

Cressi Scuba Regulators Recalled Due to Risk of Drowning
Scuba Regulators Recalled Due to Risk of Drowning

Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings

Jevic Transportation
allegedly failing to give 60 days warning before closing plant.

Commonwealth Land Title Insurance Co.
allegedly failed to give policyholders discounted rates to which they were entitled.

WA Dept. of Social and Health Services
Class action settlement reached will give $45,000 each to thousands of minority day-care providers.

Ford Explorers
Ford Motor Co. agrees to give out $500 vouchers to SUV owners in class action settlement.

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