Fee

Federal Lawsuit Over Credit Card Late Fee Limits Returns to Texas Court

by

Fort Worth, Texas – A federal lawsuit challenging the new limits on credit card late fees will continue to be heard in Texas. The U.S. Court of Appeals for the Fifth Circuit decided on Friday to reverse the previous ruling by federal Judge Mark Pittman, who had moved the case to Washington, D.C. Pittman had argued that the case should not be heard in Texas since the majority of the plaintiffs and attorneys involved, as well as the Consumer Financial Protection Bureau (CFPB), have ties to D.C. The lawsuit was filed by the U.S. Chamber … Read more

Texas Judge Moves Lawsuit Challenging CFPB’s $8 Credit Card Late Fee Rule to D.C., Dealing Blow to Credit Card Industry

by

FORT WORTH, Texas – In a blow to banks and credit card issuers, a Texas judge has agreed to move a lawsuit challenging the Consumer Financial Protection Bureau’s $8 credit card late fee rule to the District of Columbia. The ruling by Judge Mark T. Pittman is a setback for the U.S. Chamber of Commerce and five other trade groups that sued the CFPB in March to stop the rule from taking effect on May 14. The CFPB accused the trade groups of engaging in “forum shopping” by filing the case in Texas to find … Read more

Attorneys Seek Groundbreaking $6 Billion Fee after Voiding Elon Musk’s $56 Billion Pay Package

by

Wilmington, Delaware – Attorneys who successfully argued that Tesla CEO Elon Musk’s $56 billion pay package was excessive are now seeking a nearly $6 billion award. The lawyers are requesting to be paid in the form of Tesla stock, which would set a new record for attorney fees if granted. In a filing made in Delaware’s Court of Chancery, the three law firms acknowledged that the requested fee is unprecedented in terms of its size. The proposed fee translates to an hourly rate of $288,888. Elon Musk responded to the attorneys’ demand, calling it “criminal” … Read more

Tehama County Board of Supervisors Address Grand Jury Recommendations, Groundwater Fee Controversy

by

Red Bluff, California – The Tehama County Board of Supervisors is set to address the recommendations from the 2024 Grand Jury Report at its upcoming meeting on Tuesday. According to public agency regulations, governing bodies must respond to grand jury reports within 90 days of receiving them. The deadline for Tehama County’s response is March 11. The grand jury report included four recommendations, one of which focuses on compensating individuals who paid the well registration fee. Another recommendation highlights the groundwater sustainability agency’s need to repay a $634,000 loan from the county’s road department, which … Read more