In this case, the Court addressed whether several employment contracts entered into between the Credit Union and its CUSO were enforceable. Here, the Credit Union desired to sell disability insurance to its members, but the regulations for federal Credit Unions prohibits any activity of this nature for profit. Hence, the Credit Union formed a CUSO […]
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Recently Posted Articles written by: Charels R. Harroun, Attorney at Law
- Cashier Checks: Bank Liable to Credit Union
- Member Disability Insurance Coverage Denied
- Board Member Loses Suit Against Credit Union
- Member Loan Disability Insurance
- Age Discrimination Award: $165,000.00
- Credit Union Taking Possession Must Evict Occupants
- Bank Recovers from Depositor: Stop Payment
- Cram-Down Plan Amendment Denied
- Nondischargeable State-Court Judgment
- Debtor Denied Right of Rescission By Court
- Bankruptcy Charitable Contributions Disallowed
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