NEW ORLEANS (Legal Newsline) -- A federal appeals court ruled this week that Mississippi Attorney General Jim Hood's lawsuits against a group of credit card issuers should be returned to a state court.
CHARLESTON, W.Va. (Legal Newsline) -- West Virginia Attorney General Patrick Morrisey said Tuesday Discover Financial Services and HSBC Finance Corporation will pay the state $1.95 million each, or $3.9 million total, to settle lawsuits alleging the companies' credit card protection programs violated state law.
CHARLESTON, W.Va. (Legal Newsline) -- West Virginia Attorney General Patrick Morrisey announced Tuesday that four large banking companies will pay the state $1.95 million, or $7.8 million total, to settle lawsuits over their credit card protection programs.
PHILADELPHIA (Legal Newsline) -- The city of Philadelphia is suing a group of Wall Street banks responsible for setting the London InterBank Offered Rate, alleging that the banks' efforts to suppress LIBOR caused "significant financial harm" to the city and many others.
RALEIGH, N.C. (Legal Newsline) -- The monitor of the nationwide mortgage settlement says, in a summary of the five compliance reports he submitted to a federal court, that a test of the five banks' compliance have resulted in eight "fails."
TALLAHASSEE, Fla. (Legal Newsline) -- Among the bills Florida Gov. Rick Scott signed into law Wednesday, one aims to improve the state's legal climate and another will provide several state entities with funds for various housing and foreclosure-related programs and services.
WASHINGTON (Legal Newsline) -- More than a dozen housing and consumer advocates, in a letter to a federal judge last week, questioned whether homeowner relief given under the requirements of a nationwide mortgage settlement is being given fairly to borrowers in communities hardest hit by the foreclosure crisis.
NEW YORK (Legal Newsline) -- Bank of America Corp., responding to New York Attorney General Eric Schneiderman's allegations last week that the bank has violated last year's $25 billion nationwide mortgage settlement, says Schneiderman can't sue until the bank is given time to "cure" any potential violations.
LANSING, Mich. (Legal Newsline) -- Michigan Attorney General Bill Schuette, in a letter Wednesday, said he is concerned that certain terms of the nationwide mortgage settlement are not being met by the five banks that signed on to the deal.
SAN FRANCISCO (Legal Newsline) -- In an order last month, the U.S. Court of Appeals for the Ninth Circuit gave Hawaii Attorney General David Louie the go-ahead to file an interlocutory appeal in a case against a group of credit card issuers.
WASHINGTON (Legal Newsline) -- President Barack Obama announced Wednesday that he plans to nominate a new director of the Federal Housing Finance Authority.
SAN FRANCISCO (Legal Newsline) -- A group of credit card issuers say Hawaii Attorney General David Louie has no grounds to file an interlocutory appeal with a federal appeals court, calling the attorney general's arguments "piecemeal."
WASHINGTON (Legal Newsline) -- A group of nine state attorneys general are calling for new, permanent leadership at the federal agency overseeing Fannie Mae and Freddie Mac.
JACKSON, Miss. (Legal Newsline) -- A group of credit card issuers being sued by Mississippi Attorney General Jim Hood say the lawsuits against them should not be heard in state court, according to a filing in federal court earlier this month.
HUNTINGTON, W.Va. (Legal Newsline) -- A federal judge has agreed to remand a lawsuit filed by former Attorney General Darrell McGraw against a group of credit card issuers to a state court.
HONOLULU (Legal Newsline) -- A federal judge has granted a motion by Hawaii Attorney General David Louie, allowing him to file a proposed interlocutory appeal in a lawsuit against a group of credit card issuers.
McGraw CHARLESTON, W.Va. (Legal Newsline) - One of the nation's more conservative magazines has pointed to West Virginia's attorney general race as one to watch.
Harris SACRAMENTO, Calif. (Legal Newsline) - The final components of the California Homeowner Bill of Rights have been signed into law, state Attorney General Kamala Harris announced Tuesday.
