Monthly Archives: December 2021

Maurice Wutscher’s Donald Maurice Speaks to MarketWatch About Post-Judgment Interest on Debt

Donald Maurice attorney

Dec. 16, 2021 ­— Maurice Wutscher partner Donald Maurice was quoted in a recent MarketWatch article about post-judgment interest rates on outstanding debt owed by consumers.

Mr. Maurice, who is legal counsel for Receivables Management Association International, said RMAI’s members “don’t sit on judgments and any interest that would accrue on them during the intervening period wouldn’t offset collection costs.”

“’Persons who have judgments against them are financially distressed, the problem is not trying to collect more on the judgment, the problem is trying to collect any amount,’ he said. ‘It just doesn’t make sense that anyone who is practicing good compliant business practices is going to want to sit on judgments to accrue interest.’” 

Donald Maurice represents the financial services industry, successfully litigating matters in appellate and trial courts throughout the country in individual and class actions and guiding businesses, trade associations and financial services companies nationwide in regulatory and compliance matters.

Maurice Wutscher’s Ralph Wutscher Named American Bar Foundation Fellow

Ralph Wutscher attorney Maurice Wutscher LLPDec. 15, 2021 — Maurice Wutscher partner Ralph Wutscher has been named a Fellow of the American Bar Foundation.

The Fellows of the American Bar Foundation is a global honorary society of attorneys, judges, law faculty and legal scholars whose public and private careers have demonstrated outstanding dedication to the highest principles of the legal profession and to the welfare of their communities.

Membership in the Fellows is limited to one percent of lawyers licensed to practice in each jurisdiction. Fellows are nominated by their peers and elected by the Board of the American Bar Foundation.

Ralph Wutscher focuses his practice primarily on representing consumer and commercial financial services companies, including depository and non-depository mortgage lenders, fintech companies of various kinds, credit card issuers, and loan servicers, as well as financial asset buyers and sellers, and other financial services providers.  He also has substantial experience representing depository and non-depository auto finance companies.  He represents the lending and financial services industry as a litigator, and as regulatory compliance counsel.

Webinar: Maurice Wutscher’s Donald Maurice to Review State Law Trends in ARM Industry

Donald Maurice

Dec. 14, 2021 — Maurice Wutscher attorney Donald Maurice will review state law trends in the accounts receivable management industry during a webinar Friday, Dec. 17 at 1 pm ET.

States were very active in 2021 in enacting laws governing the industry and are expected to be just as active, if not more, in 2022.

In this webinar, Mr. Maurice and David Reid, general counsel of Receivables Management Association International, will discuss the key state law changes of 2021, what to look for in the new year, and potential compliance strategies companies can implement to address the new laws.

“ARM Industry State Law Update – 2021 and 2022” is being presented by AccountsRecovery.net. To register for the complimentary webinar, click here.

Donald Maurice represents the financial services industry, successfully litigating matters in appellate and trial courts throughout the country in individual and class actions and guiding businesses, trade associations and financial services companies nationwide in regulatory and compliance matters.

Webinar: Maurice Wutscher’s Brent Yarborough to Discuss Regulation F Lawsuits

Brent Yarborough

Dec. 9, 2021 — Maurice Wutscher attorney Brent Yarborough will discuss the first wave of lawsuits alleging violations of Regulation F during a webinar Monday, Dec. 13 at 1 pm ET.

While the ARM industry is expecting a wave of lawsuits related to Regulation F, there is only speculation as to what consumers will claim in those suits. In this webinar, a panel will talk about the lawsuits and what the industry can expect to see now that the rule has gone into effect.

“A First Look at Reg F-Related Lawsuits” is being presented by AccountsRecovery.net. To register for the complimentary webinar, click here.

Brent Yarborough is a principal at Maurice Wutscher LLP. He focuses his practice on regulatory compliance and the defense of consumer law claims.