Accountability, Responsibility and Disclosure Act, or CARD Act, which requires that credit card penalty fees be kept at “reasonable and proportional” levels, the Final Rule adopts a late fee safe harbor threshold of $8 for those issuers and provides that the annual adjustments to reflect changes...
The Consumer Financial Protection Bureau (CFPB or Bureau), under Director Chopra, is moving toward placing new restrictions on fees for the late payment of credit card debts. The proposed rulemaking represents a continuation of efforts by the Bureau to take aim at the amount and frequency of lat...
The cost to the District this year is $109,980 for the MAS subscription license upgrade, which is about a $20,000 increase from the $89,875 anticipated for S&S. IBM typically increases annual fees by approximately 10%. In the past, staff has renewed S&S annually and has been able to ...
The trial court had awarded attorney's fees to the victorious defendant. Defendant's motion for fees included "attached invoices from his attorneys that were heavily redacted." Id. at *17. The trial court "noted that the billing invoices were redacted to avoid waiving attorney-client privilege"...
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