Kenneth G. Eade, Member State Bar of California Public Records

Kenneth Gordon Eade (Ken Eade, Kenneth Eade) is an international business lawyer, based in Los Angeles, California, specializing in international and Internet law, transactional and corporate law, complex business litigation, securities litigation, Contract, General Commercial and Business Matters, Licensing Agreements, and Mergers & Acquisitions. Kenneth Eade is a member of the Bar of California, the federal District Court for the Central District of California, and the Ninth Circuit Court of Appeal. His previous experience over the past 30 years includes licensing, mergers and acquisitions, securities, collections, real estate, and bankruptcy. Ken Eade holds a Juris Doctor in Law from Southwestern University School of Law, and a B.A. in Liberal Studies from California State University, Northridge. He is also an accomplished filmmaker and a free lance writer for the Los Angeles Daily Journal. Kenneth Eade was recently presented with a plaque by Martindale Hubbel for his 30 years of service to the community as a California lawyer. In his 30 years' of practice, Mr. Eade has championed thousands of causes for individuals for their civil liberties and freedoms, and advocated the rights of small businesses and individuals against large special interest groups. Included among his recent litigation victories are major victories against banks thought "too big to fail" who illegally take advantage of consumers with illegal collections after foreclosure, which prompted him to open the consumer relief website, http://suepredatorylender.com . Recent advances include the quashing of a fraudulent attempt to hijack a small publicly traded company by a custodian filing in Nevada, a preliminary injunction against one of the world’s largest banks for attempting to collect an illegal debt, and a major lawsuit against the three major credit bureaus for failing to correct inaccurate information in a credit investigation.

Introduction

Kenneth G. Eade (Ken Eade, Kenneth Eade) is an international business lawyer, based in Los Angeles, California, specializing in international Internet  transactional and corporate law, complex business litigation, securities litigation, Contract,General Commercial and Business Matters, Licensing Agreements, and Mergers & Acquisitions.  He is a member of the Bar of California, the federal District Court for the Central District of California, and the Ninth Circuit Court of Appeal. His previous experience over the past 30 years includes licensing, mergers and acquisitions, securities, collections, real estate, and bankruptcy.  He holds a Juris Doctor in Law from Southwestern University School of Law, and a B.A. in Liberal Studies from California State University, Northridge.    He is also an accomplished filmmaker and a free lance writer for the Los Angeles Daily Journal.

Bragging rights

Attorney, Freelance Writer, Cancer Advocate

Attorney K. Eade - Kenneth G. Eade Attorney at Law

Attorney K. Eade - Kenneth G. Eade Attorney at Law

The Use of Injunctions in Combatting the Consequences of Mortgage Fraud and Predatory Lending - MENAFN

The Use of Injunctions in Combatting the Consequences of Mortgage Fraud and Predatory Lending - MENAFN

Sour senate means Dodd-Frank can wait | Alexander Liddington-Cox | Commentary | Business Spectator

Sour senate means Dodd-Frank can wait | Alexander Liddington-Cox | Commentary | Business Spectator

U.S. GOVERNMENT SAYS BEWARE OF CHINESE COMPANIES

The US Congress should consider tougher screening laws for investments made by China’s huge state-owned enterprises (SOEs) because of the threat they pose to US companies, an advisory committee said in its annual report on Wednesday.

The US-China Economic and Security Review Commission, which typically takes a tough view of relations with China, said Beijing lavishes special favours on its state-owned companies that could give them an unfair advantage even if they build facilities in the United States.

“Once invested in the United States, Chinese SOEs may continue to benefit from Chinese government subsidies that would allow the Chinese to sell their products at less than the cost of production. Once their US competitors are driven out of business, Chinese SOEs might dominate the market and even raise prices,” the panel said in its annual report.

The commission’s 32 recommendations also called on Congress to carry out an in-depth assessment of Chinese cyber-spying and to weigh tougher penalties on companies found to cash in on industrial espionage.

A separate study released last week by the commission forecast Chinese investment to rise rapidly in coming years.

The study noted private economists put Chinese direct investment in the United States at US$30 billion through the end of last year, compared to official government estimates of just US$5.8 billion through 2010.

In its report on Wednesday, the US-China commission urged Congress to require mandatory screenings of all investments by Chinese state-owned or state-controlled companies where they would gain an controlling interest in a US operation.

The Committee on Foreign Investment in the United States, made up of executive branch agencies, should also be required to consider the net economic impact of a foreign investment on the United States in addition to its current focus on any potential threat to national security, the commission said.

The US-China panel also recommended the US Securities and Exchange Commission be directed to look more closely at state-owned and -affiliated companies seeking to be listed on US stock exchanges “to assure US investors have sufficient information to make investment decisions.”

The report follows Fortune magazine’s latest list of the world’s 500 biggest companies, which showed the United States still in the lead with 132, down one from last year.

China passed Japan to move into second place on Fortune’s list. It now has 73 of the world’s biggest firms, up from 61 last year and just 16 in 2005.

Many of the big Chinese firms are owned or controlled by the state, the US-China commission said.

They generally receive more favourable treatment in China than foreign firms, and because of those favours and subsidies have become formidable competitors in both the United States and other markets around the world, the panel said.

Congress should require the US Commerce Department to annually track Chinese investment in the United States, with a particular focus on state-owned enterprises, the panel said.

Ken Eade

Kenneth Eade is an international attorney, based in Los Angeles, California, specializing in international law, transactional and corporate law, complex business litigation, securities litigation, Contract Law, Corporate Law, General Commercial and Business Law Matters, Licensing Agreements, Mergers & Acquisitions.  He is a member of the Bar of California, the federal District Court for the Central District of California, and the Ninth Circuit Court of Appeal. His previous experience over the past 30 years includes licensing, mergers and acquisitions, securities, collections, real estate, and bankruptcy.  He holds a Juris Doctor in Law from Southwestern University School of Law, and a B.A. in Liberal Studies from California State University, Northridge.  Mr. Eade is a member in good standing of the California State Bar, the federal Bar of the United States District Court for the Central District of California and the Ninth Circuit Court of Appeal.  He is also an accomplished filmmaker.

Ken Eade Sues Experian, Equifax and Transunion

EXPERIAN, TRANSUNION AND EQUIFAX SUED IN FAIR CREDIT REPORTING ACT CASE
Font size:    (SE) Chris Ryan   September 12, 2012


September 12, 2012/Los Angeles, California/NEWSWIRE/ A landmark case has been filed against Experian Information Services, Inc., Transunion, LLC and Equifax Information Services, LLC by The Law Offices of Kenneth Eade.  According to the complaint, filed in the United States District Court for the Central District of California, Case No. EDCV 12-1547 VAP, Experian, Equifax, and Transunion have all failed to remove negative information from a client’s credit profile, despite the fact that the client’s creditors, who were sued for removal of the negative information and settled, demanded that the negative information be removed.  For over thirty years, Congress has sought to balance the need of creditors for accurate credit information with consumers’ interests in accuracy and fair use of such data.  In 1970, Congress passed the Fair Credit Reporting Act with the express purpose of requiring “consumer reporting agencies to adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, and other information in a manner which is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such information in accordance with the requirements of this subchapter.”  Consumer reporting agencies like Trans Union, Experian, and Equifax must exercise care in accurately and completely reporting credit information.

“This is another case of David and Goliath,” said Eade.  “Most consumers don’t have the financial wherewithal to sue these giant corporations for the enforcement of their rights, so they just go on behaving like we don’t have any rights,” he said.  “The procedure set forth by the Fair Credit Reporting Act is that, if information is reported about you on your credit profile that is not correct, you have the right to dispute it with the credit bureau in writing or online.  The credit bureau is supposed to conduct an investigation to verify the information, and if it can’t do that, it has to delete it.  In the forty years since the passage of the Fair Credit Reporting Act, technology has advanced and antiquated the procedures in the Act.  As a result, it has become more and more difficult to have inaccurate information removed because the credit bureaus don’t really conduct the kind of investigation that they should.  They just send out inquiries to your creditors.  In this case, the credit bureaus are really at fault because the creditors themselves have asked for the information to be removed and the credit bureaus still won’t do it.”



About Kenneth G. Eade

Kenneth G. Eade is an attorney, based in Los Angeles, California, specializing in international law, transactional and corporate law, complex business litigation, securities litigation, Contract Law, Corporate Law, General Commercial and Business Law Matters.  , Licensing Agreements, Mergers & Acquisitions.  He is a member of the Bar of California, the federal District Court for the Central District of California, and the Ninth Circuit Court of Appeal. His previous experience over the past 30 years includes licensing, mergers and acquisitions, securities, collections, real estate, and bankruptcy.  He holds a Juris Doctor in Law from Southwestern University School of Law, and a B.A. in Liberal Studies from California State University, Northridge.  Mr. Eade is a member in good standing of the California State Bar, the federal Bar of the United States District Court for the Central District of California and the Ninth Circuit Court of Appeal.  He is also an accomplished filmmaker.

Mr. Eade was recently presented with a plaque by Martindale Hubbel for his 30 years of service to the community as a California lawyer.  In his 30 years' of practice, Mr. Eade has championed thousands of causes for individuals for their civil liberties and freedoms, and advocated the rights of small businesses and individuals against large special interest groups.  Included among his recent litigation victories are major victories against banks thought "too big to fail" who illegally take advantage of consumers with illegal collections after foreclosure, which prompted him to open the consumer relief website, http://suepredatorylender.com .  Recent advances in the corporate arena include the quashing of a fraudulent attempt to hijack a small publicly traded company by a custodian filing in Nevada.

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