The U.S. Court of Appeals for the First Circuit affirmed the decision of the Massachusetts District Court, which adopted the Massachusetts Bankruptcy Court’s award of summary judgment in favor of Chapter 11 Trustee Stephen Darr, represented by Murphy & King, in an adversary proceeding arising out of the bankruptcies of TelexFree, LLC;...

Effective November 7, 2004, the Massachusetts Predatory Home Loan Practices Act can have far-reaching consequences for unwary commercial lenders, including liability for multiplied damages under Chapter 93A, Massachusetts’s unfair and deceptive practices statute. The Act, which governs the terms and conditions of high-cost home mortgage...