Audet & Partners, LLP

Force-Placed Insurance Lawsuits

New Notice Requirements for Force-Placed Insurance

Effective January 10, 2014, mortgage servicers are required to provide substantial new notice to consumers before charging any fees for force-placed insurances.  The new notice requirements are designed to better inform consumers of their mortgage obligations and to help prevent…

Mirena IUD Lawsuits Consolidated in New York Federal Court

Over objections raised by Bayer Healthcare Pharmaceuticals*, the United States Judicial Panel (“USJP”) on Multidistrict Litigation has consolidated most federal lawsuits alleging injuries caused by the Mirena intrauterine device. In the matter of In Re: Mirena IUD Products Liability Litigation,…

Mirena IUD Lawsuits

Mirena IUD Lawsuit Consolidation Opposed by Bayer

Bayer Healthcare Pharmaceuticals has taken a position opposing consolidation of legal actions brought against the medical device manufacturer for the Mirena IUD that can only be described as schizophrenic.  Bayer opposed the motion filed in the U.S. District Court of…

Bank "Setoffs"

“A bank has an equitable right to set off a matured debt, owed the bank by a depositor, against funds in the customer’s demand deposit account.” In plain English, this means that if you owe a bank money, they generally have a…