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The Uncertain Legacy Of Madden
On June 27, 2016, the US Supreme Court (Supreme Court) declined to review the Second Circuit's controversial decision in Madden v. Midland Funding, LLC. As a result, the appellate court's ruling regarding the applicability of state law usury limits to non-bank debt purchasers will remain the law of the land in the Second Circuit.[
United States
10 Aug 2016
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