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Case Closed
Idealism Fuels Langer & Grogan's Hybrid Practice
of Commercial and Public Interest Law

BY LARRY TEITELBAUM
1 - 2 - 3 - 4 - 5 - 6 - 7 - 8

THE ALUMNI
Andrew Ferguson L'00
Chandra Bhatnagar L'01
Cathy Carr L'79
Karen Peltz Strauss L'81
Langer & Grogan
Paula Dow, L'80
L to R: John Grogan, Howard Langer and Ned Diver
Langer & Grogan finds satisfaction — and profit — in blend of commercial and public interest law. From left to right: John Grogan, L'93; Howard Langer, L'77; and Ned Diver, L'99.
For several years, payday lender Cash Today earned hefty revenues by loaning money — at 500 percent APR — to poor people in Philadelphia and the surrounding area. But the company suffered a change in fortune a few months ago, and now finds itself on the receiving end of a most unexpected payback: bankruptcy.

Cash Today was sued by Langer & Grogan and Community Legal Services with support from Fine, Kaplan & Black. They filed suit against Cash Today in 2005 on behalf of 10,000 Pennsylvanians. Within two weeks, Cash Today had filed for bankruptcy and today all of its stores are closed.
 
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