Section Newsletters

Articles on commercial banking

Credit card issuing banks have no common law remedies against a retail merchant with a data security breach By Michael L. Weissman Commercial Banking, Collections, and Bankruptcy, August 2018 The U.S. Court of Appeals for the Seventh Circuit recently handed down a significant decision in Community Bank of Trenton v. Schnuck Markets, Inc., which involved the purported liability of a retail merchant to credit card issuing banks in the face of a data security breach.
Whose law is it? By Samuel H. Levine Commercial Banking, Collections, and Bankruptcy, August 2018 Two recent cases, Z.B., NA v. Hoeller and Bonita Real Estate v. SLF IV Lending, attempt to answer which law governs a deficiency when the choice-of-law provisions in the promissory note and mortgage are in conflict.

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