| Volume 73 Number 3 |
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The People’s Lawyer’s Tip of the Day
The Texas Deceptive Trade Practices Act requires full disclosure by sellers. If a seller intentionally withholds material information, he could be responsible for three times the consumer's damages, plus court costs and attorney's fees.
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Yahoo to Lay Off 2,000 Employees
Yahoo announced plans to cut 14% of its workforce and reshape the company in an effort to strengthen its advertising business. The goal is to simplify operations, downsize, and create a more profitable company. Critics insist that Yahoo can't cut its way to revenue growth. Can Yahoo survive in the same world as Facebook and Google? Click here for more.
USDA Addresses Pink Slime Labels
That "pink slime" on your beef products may be getting a label! Federal agriculture officials have decided to allow companies to voluntarily include labels on their products to indicate that they contain lean finely textured beef, or LFTB. Some major grocery stores, like Kroger and Safeway, have already pledged to stop using the "pink slime." But, is it safe?
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For the Lawyers
Law Firm did not violate Fair Debt Collection Practices Act. The Eight Circuit held that a law firm didn't violate federal debt collection law by submitting a client affidavit and legal memorandum arguing that the plaintiff was liable for her former husband's unpaid credit card balance. According to the plaintiff, the firm violated ยง1692e of the Act by making false statements and misrepresentations in its filings in the state court collection action. The court noted, "It was not false or misleading to submit a client affidavit and legal memorandum arguing [the firm's] legal position that [the plaintiff] was liable for the unpaid account balance, even if [her ex-husband] was the only one who used the credit card and made partial payments on the account, when Discover's records reflected that [he] submitted the initial application, added [the plaintiff] to the account by phone, neither spouse questioned statements identifying it as a joint account, partial payments were made by checks from a joint account, and a [divorce agreement] signed by [the plaintiff] listed it as a joint obligation for the couple's living expenses." Click here for more.