Navigating Litigation Trends and Tech Risks in ARM Compliance
Bassford Remele Attorneys Nicholas Prola and Michael Chapman recently presented "Navigating Litigation Trends and Tech Risk in ARM Compliance" at the ACA International Huddle.
- Nick Prola and Michael Chapman provided an insightful update on the latest litigation trends impacting the ARM industry. The session covered emerging compliance concerns and risks of new technologies reshaping collections and accounts receivable management. From data security to consumer protection issues, Nick and Michael provided guidance on how to stay compliant amidst rapid tech advancements and regulatory changes.
Nicholas Prola is an experienced litigator who focuses his practice on consumer finance defense. He is dedicated to defending financial entities, law firms, healthcare providers, and other organizations against consumer financial protection claims. Nicholas also advises organizations on privacy and data security issues and defends related regulatory and class action claims.
Nicholas acts as outside general counsel to entities in the ARM space, providing guidance on compliance with state and federal regulations, policies and procedures, contracting, vendor management, employment issues, and litigation. He is also involved in advocating for the ARM industry at the state legislature, drafting many of the more recent legislation passed in Colorado under Colorado’s Fair Debt Collection Practices Act. Nicholas recently served as a board member for the ACA of Colorado, Wyoming, and New Mexico’s Executive Committee.
Michael Chapman is an experienced litigation attorney who focuses his practice on the defense of corporate clients, attorneys, and law firms in the consumer finance arena. In addition to litigation, Michael provides compliance and auditing services to collection agencies. When not focused on consumer finance issues, Michael practices in the areas of commercial collections, insurance defense, and products liability. He also manages litigation nationwide for corporate clients.
Bassford Remele proudly serves as local and national counsel for many major corporations and Fortune 500 Companies and is a go-to litigation firm representing local, national, and international clients in state and federal courts across the region. The firm provides comprehensive counsel and representation in litigation and dispute resolution, family law, and corporate matters, ensuring prompt and effective service for its clients.
Established in 1882, Bassford Remele is proud to be the oldest top-25 law firm based in Minnesota.
Bassford Remele | November 22, 2024
