Recently, the Consumer Financial Protection Bureau levelled a $1.7 billion penalty against Wells Fargo, and ordered Wells Fargo agreed to pay $2 billion to affected consumers because it misapplied loan payments, wrongfully foreclosed on homes, illegally possessed vehicles, incorrectly assessed fees, and interest, charged suprise overdraft fees, among other things.  If you are a California resident, and recently received a check from Wells Fargo in relation…

In Eisenberg Village of the Los Angeles Jewish Home for the Aging v. Suffolk Construction, Inc., the Second Appellate District held that a claim to disgorge payment to an unlicensed building contractor under Business and Professions Code section 7031 has to be brought within one year of the completion or cessation of the performance of the act or contract at…

In Thurson v. Fairfield Collectibles of Georgia, LLC (8/26/20), the Fourth Appellate District considered whether a Georgia based website that made sales to California was subject to California personal jurisdiction, and therefore subject to suit under the Unruh Civil Rights Act because its website was not fully accessible to the blind and visually impaired.  Based on the website generating 8-10%…

The Federal Reserve System conducts the United States monetary policy, inter alia.  It is governed by its Board of Governors which has 5 members.  For a nation of over 329,387,000 people [https://www.census.gov/popclock/], it is rather incredible that 5 people control monetary policy, particularly since those 5 people have nearly uniform experience either as economists, or white shoe lawyers.  A better…

In Moofly Productions, LLC v. Favila (2020, Second Appellate District case # BC516308), the Court of Appeal held that there is no right to a jury trial in an action for fraudulent transfer, and that a state court can rely on discovery misconduct in a related federal action when imposing terminating sanctions.

On 5/14/20, the Financial Times berates Sanofi because it stated that the U.S. would get the vaccine first after paying $1  billion dollars for it.  Meanwhile, France announces a rescue package of $18 billion to save its tourism industry. France, the land of well-placed priorities.