Smith Debnam is delighted to announce the firm has signed on to be the platinum sponsor of the 2015 North Hills 5k. Smith Debnam joins Midtown Raleigh Alliance and Trinity Baptist Church in presenting the 9th installment of the North Hills 5k. The race event, which is part of the Second Empire Grand Prix Race Series, will take place on Saturday, September 12 at Trinity Baptist Church, in the heart of Midtown Raleigh. All proceeds from the event will benefit the Backpack Buddies Program through North Raleigh Ministries. For more information about the event, please visit www.northhills5k.com.
Smith Debnam today announced that attorneys Thurston Debnam, Franklin Drake, Lynn Wilson McNally, John Narron, Byron Saintsing, Rose Stout, and Alicia Jurney have all been named to the 22nd Edition of The Best Lawyers in America©, an established benchmark of legal excellence. This edition marks the tenth straight year Rose Stout and John Narron have been named in Best Lawyers, and the third year in a row for Thurston Debnam.
The FDIC has entered into a settlement with Comenity Bank and Comenity Capital Bank regarding their servicing and marketing of credit card add-on products. The liability premise involves Section 5 of the FTC Act, which prohibits unfair and deceptive practices and stems from the banks’ provision through third parties of payment protection/debt cancellation add-on products.
The Second Circuit recently joined other circuits in confirming that money owed as a result of theft or tort claims does not constitute a debt within the meaning of the FDCPA. In Beauvoir v. Israel, C.A. 14-3794 (2d Cir. July 21, 2015) the consumers filed a putative class action against an attorney who was retained by a natural gas company to collect for the consumption of unmetered gas to the consumers’ residence.