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COOK COUNTY RECORD

Thursday, April 25, 2024

Harris Penn Lowry

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  • Cook County cleared to continue predatory lending, discrimination lawsuit vs HSBC

    By Jonathan Bilyk |
    Cook County has standing to bring a legal action against banks for alleged racially discriminatory and predatory lending practices, meaning one of the country’s largest lenders will need to continue to mount its defense against the lawsuit in court, a federal judge has ruled. In an opinion issued Sept. 30 in federal court in Chicago, U.S. District Judge John Z. Lee brushed aside arguments advanced by British bank HSBC Holdings Plc in its bid to derail Cook County’s lawsuit brought under the fed