As its name suggests, a charging order "charges" the LLC or LLP with the repayment of an unsatisfied judgment by requiring it to pay the judgment creditor the distributions it would otherwise pay the judgment debtor.
This article focuses on the residential mortgage market, and specificall mortgages that were originated electronically. The firs part provides context regarding the existing laws.
The New York Department of Financial Services (NYDFS) issued final supervisory guidance on January 22, 2024, to New York banking institutions and financial services companies licensed by the NYDFS.
The FTC is in the midst of a months-long rulemaking targeting "unfair or deceptive fees" that would fundamentally alter the way businesses can advertise their prices to consumers.