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Third Circuit Holds Notice Of Rescission Sufficient To Rescind Loan Under Truth In Lending Act
On February 5, in Sherzer v. Homestar Mortgage Services, Inc., No. 11-4254, 2013 U.S. App. Lexis 2486 (3d Cir. Feb. 5, 2013), the U.S. Court of Appeals for the Third Circuit rendered a precedent-setting decision finding that the borrowers' rescission action, which they filed more than three years after the closing on their loan, was timely.
United States
15 Feb 2013
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Third Circuit Adopts Reasonable Basis Of Suspicion As The Standard To Invoke The Crime-Fraud Exception to the Attorney-Client Privilege
On December 11, the U.S. Court of Appeals for the Third Circuit issued a precedential ruling that reasonable suspicion of an intended crime is sufficient proof to overcome the attorney-client privilege. In re: Grand Jury: John Doe 1, John Doe 2, ABC Corp., Case Nos. 12-1697 & 12-2878, 2012 U.S. App. LEXIS 25318 (3rd Cir. Dec. 11, 2012).
United States
3 Jan 2013
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