There’s no doubt that the laws surrounding the banking industry are staggeringly complex. Unwinding these laws can take many years and the energy of many well-educated legal minds. One of the legal experts who has dedicated his time to helping people understand some of the pressing legal issues of the day is Karl Heideck.
Making the Case For Philadelphia
In a recent issue of phillypurge.com, Heideck laid out the fine points of the recent suit the city of Philadelphia has laid out against Wells Fargo Bank. Though this suit may be hard to understand for a lay person, Heideck lays out the case in a way most people can understand.
Though Wells Fargo has called the suit unsubstantiated, Karl Heideck makes a convincing case for the city of Philadelphia, which believes that the bank targeted minority borrowers and lead them to take out risky loans they should have been disqualified for. All of this lead to a high number of foreclosures in Philadelphia’s minority neighborhoods, and an even greater problem of blight in those areas.
Karl Heideck is a contract attorney. He has been part of Hire Counsel since April of 2015. Before that, he was active in practice in the greater Philadelphia area for over ten years. He was a legal associate for Conrad O’Brien, and also worked as a project attorney for Pepper Hamiton LLP prior to that.
Mr. Heideck holds a Bachelor of Arts degree from Swarthmore College (Class of 2003). and he also earned Juris Doctor degree from Temple University’s James E. Beasley School of Law with a Juris Doctor in 2009.
In his practice, Mr. Heideck offers a range of services, from compliance consulting to advising on risk management. He also represents clients in a range of areas, from product liability to corporate law and employment issues.
For Karl Heideck, serving the law and the needs of his clients is what it’s all about.