Hinshaw Client Success Named Among "Top Ten Most Influential Cases" for the AR Management Industry in 2019 by Collector Magazine
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.
A Hinshaw client success is among @acacollector's Top Ten Most Influential Court Rulings for the accounts receivable management industry in 2019. https://t.co/dLGnjxc258@ACAIntl was "comforted" by this decision which analyzed reasonable attorneys' fees and costs. pic.twitter.com/HsOo432LRz— Hinshaw & Culbertson (@hinshaw) December 3, 2019