Mortgage Daily

Published On: February 11, 2008
Defendant
Plaintiff
Court
Amount
Overview
Case Title
American Express
.
.
American Express attempted to collect a debt outside of a cardholder’s bankruptcy filing, but the case was dismissed after American Express was unable to prove the unaltered status of its electronic documents because it could not properly demonstrate what happens to documents held in its electronic record keeping system
.
Freedom Financial & Trust LTD
Applied Business Software Inc.
U.S. District Court Central District of California
$1.1 million
Home equity originator will close its doors after losing a copyright infringement lawsuit to a mortgage software provider
.

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