News and Events

11/01/2010

Velocity Investments: A Game-Changer for Debt Collection Litigation?

“Velocity Investments: A Game-Changer for Debt Collection Litigation?” discusses the clarity that the Illinois appellate decision Velocity Investments LLC v. Alston brings to the pleading requirements in credit card collection litigation relating to the two most common causes of action in such cases: breach of contract and account stated.