Receiver for Entity Involved in Fraud Lacked Standing to Bring Aiding and Abetting Claims against Bank
Posted on Aug 5, 2022 in Jurisdiction | Comments Off on Receiver for Entity Involved in Fraud Lacked Standing to Bring Aiding and Abetting Claims against Bank
A divided Eleventh Circuit panel held in Perlman v. PNC Bank, N.A., 38 F.4th 899 (11th Cir. June 27, 2022), that a court-appointed receiver lacked standing to bring claims against the bank which, he alleged, aided and abetted the fraudulent scheme committed by the companies for which he was appointed receiver. The receiver’s action was thus properly dismissed for lack of subject matter...
Paradise Found: Consumer Not Damaged by Purchasing (and Consuming) Gin Containing Prohibited “Grains of Paradise”
Posted on Apr 21, 2022 in Consumer Protection | Comments Off on Paradise Found: Consumer Not Damaged by Purchasing (and Consuming) Gin Containing Prohibited “Grains of Paradise”
The Eleventh Circuit again had the opportunity to interpret the scope of the Florida Deceptive and Unfair Trade Practices Act (FDUTPA), this time applying the Act’s safe-harbor provision for actions otherwise permitted by law. In Marrache v. Bacardi U.S.A., Inc., 17 F.4th 1084 (11th Cir. Nov. 8, 2021), the court affirmed dismissal of a putative class action that had attempted to hold a...
HVAC Heater Case Won’t Be Heating Up: Dismissal Affirmed
Posted on Jun 24, 2020 in Consumer Protection | Comments Off on HVAC Heater Case Won’t Be Heating Up: Dismissal Affirmed
The Eleventh Circuit’s decision on Monday in Warren Technology, Inc. v. UL LLC, 2020 WL 3406585 (11th Cir. June 22, 2020), turned on the basic question of whether the complaint’s allegation of a misrepresentation was a fact that needed to be accepted as true or could be ignored as a mere conclusory allegation. Defendant UL LLC is a nationally recognized testing laboratory that tests...
Split Panel Upholds Dismissal of Force-Placed Insurance Claims Under Filed-Rate Doctrine
Posted on Oct 1, 2018 in Insurance | Comments Off on Split Panel Upholds Dismissal of Force-Placed Insurance Claims Under Filed-Rate Doctrine
Last week, a split panel of the Eleventh Circuit upheld the dismissal of a class action over “force-placed insurance” under the filed-rate doctrine. Patel v. Specialized Loan Servicing, LLC, 2018 WL 4559091 (11th Cir. Sept. 24, 2018). The “force-placed insurance” in question concerns the residential mortgage market. A typical mortgage contract requires the borrower to obtain hazard...