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Hinshaw Client Success Named Among "Top Ten Most Influential Cases" for the AR Management Industry in 2019 by Collector Magazine

December 3, 2019

A win by Hinshaw client Portfolio Recovery Associates at the U.S. Court of Appeals for the Seventh Circuit was named third in a list of the "Top Ten Most Influential Cases" for the accounts receivable management industry in 2019 by Collector Magazine. In the case, Hinshaw secured recovery of legal costs and a major reduction in plaintiff's requested attorneys' fees in a case involving FDCPA and FCRA claims. Hinshaw's David Schultz represented PRA at trial and on appeal, with assistance from Raven Burke Mackey, Jennifer Weller, and Steve Swofford.

Here's how ACA International explained its view of the significance of the decision:

This is a classic example of the old adage, "Give someone enough rope and he will hang himself." This case highlights how consumer attorneys attempt to squeeze the industry through ridiculously high attorneys' fees and underscores the abuse of a well-intentioned statute by turning the FDCPA into a profitable vein of litigation. ACA is comforted by this decision analyzing reasonable attorneys' fees and costs in garden-variety FDCPA cases.

Read the story in the December edition of Collector Magazine

Read the Hinshaw client success story describing the decision in Isaac Paz v. Portfolio Recovery Associates, LLC (7th Cir.), No. 17-3259

Hinshaw & Culbertson LLP is a U.S. based law firm with offices nationwide and in London. The firm's national reputation spans the insurance industry, the financial services sector, and other highly regulated industries. Hinshaw also serves as counsel to the professional services sector, and provides business advisory and transactional services to clients of all sizes.