On August 19, 2008, Caddell & Chapman received approval from a Central District of California court of an injunctive relief settlement for class action claims regarding the three largest credit reporting agencies in the nation. On this day, the court issued an order requiring the defendants to fundamentally change their reporting practices regarding consumers with Chapter 7 no‑asset bankruptcies. This change in defendants’ reporting practices will require them to finally provide accurate information in millions …
Tag Archives | Bankruptcy
Breach-of-Contract Recovery
Caddell & Chapman served as lead counsel and obtained Consent Judgments on behalf of two attorneys who advanced over $3 million to other attorneys around the country to obtain and prosecute fen‑phen cases. The defendants, after obtaining a global settlement with Wyeth, refused to reimburse Caddell & Chapman’s clients for the monies advanced or pay them their share of the fees from the global settlement. The case-filed in federal court in McAllen, Texas-centered on fraud, …
Legal Malpractice Claims
In bankruptcy court and federal district court in the District of Connecticut, Caddell & Chapman is pursuing legal malpractice and fiduciary-duty claims on behalf of a debtor against the debtor’s former counsel, one of the world’s largest law firms. The debtor owned 28 acres of industrial property in the Bronx, New York ideally‑suited to house a large power plant. The debtor alleges that its former counsel – due to negligence and conflicts with more prominent …