JUDGE DENIES MOTION TO COMPEL ARBITRATION OVER HOW ‘RECEIVABLE’ AND ‘ACCOUNT’ ARE DEFINED
- Synonyms and semantics can be deadly when in the hands of a federal judge. A defendant is learning that lesson the hard way after a District Court judge in New Jersey denied a defendant’s motion to compel arbitration in a Fair Debt Collection Practices Act class-action, ruling that the words “accounts” and “receivables” mean different things and purchasing a receivable does not guarantee all of the rights that were assigned to the account.
HOW EXPERTS ARE INTERPRETING LATEST LEGAL RULINGS
- Each week, AccountsRecovery.net publishes summaries of legal rulings that are impacting the accounts receivable management industry. But those summaries don’t necessarily provide insight into what you need to do — if anything — as a result of those rulings. For that, I turn to the experts. Every week, the top legal minds of the industry weigh in on those rulings, providing much-needed context and insight to help you better understand the rulings and be better informed when making important decisions. This week, Heath Morgan, Michael Klutho, Laurie Nelson, Stacy Rodriguez, Mitch Williamson, and David Shaver share their wisdom with you. This series is sponsored by Bedard Law Group.
CENTRAL PORTFOLIO CONTROL RAISES MONTH FOR ST. JUDE CHILDREN’S RESEARCH HOSPITAL
- Central Portfolio Control, Inc (CPC) hosted a Summer Party in July to celebrate employee achievement, enjoy time with family and friends, and raise money for another great cause. The Minnetonka, MN-based collection agency was able to donate over $1,700 for St. Jude Children’s Research Hospital (St. Jude’s) from the party’s dunk tank donations to support children undergoing treatment for disease.
WORTH NOTING: What Hurricane Ida looked like from the ground yesterday … Child obesity rates have increased during the pandemic, according to researchers … The pandemic’s economic impact also forced a lot of people into tears, according to a survey … Wendy’s is rolling out new french fries … What is expected to happen now that the moratorium on evictions is over … Would anyone expect a mother to do anything differently than this one? … One-third of Americans had COVID-19 last year, according to new research … How to upgrade your Internet and make your Wi-Fi faster.
Objects with a hidden purpose
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