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In the U.S. legal system, service of process is the procedure by which a party to a lawsuit gives an appropriate notice of initial legal action to another party (such as a defendant), court, or administrative body in an effort to exercise jurisdiction over that person so as to force that person to respond to the proceeding in a court, body, or other tribunal.
Everyone knows that Bank of America has nearly buckled under the weight of costs from litigation and extrajudicial settlements over the last few years, the majority of which relate to its ill ...
Shares of the nation's second largest bank by assets, Bank of America , are trading higher today after the lending giant came to an agreement with the federal regulator of credit unions. Under the ...
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This is the fifth and final article in a series on Bank of America's legal problems since the financial crisis. Links to the rest of the series are at the bottom of this article.
Bank of America has formed a partnership with the United States Department of Defense creating a newly chartered bank DOD Community Bank [106] ("Community Bank") providing full banking services to military personnel at 68 branches and ATM locations [107] on U.S. military installations in Guantanamo Bay Naval Base Cuba, Diego Garcia, Germany ...
The Bank of America agreement in structured negotiation in 2000 was the first settlement in the United States to reference the Web Content Accessibility Guidelines (WCAG). Subsequently, structured negotiation has been used to settle various digital disability access and disability rights agreements with a variety of American businesses ...
According to the Charlotte-based bank's annual financial filing with the Securities and Exchange Commission, the extent of estimated future losses stemming from litigation is at an all-time high ...