Second Circuit Denies Rehearing in Third Party Debt Collector Preemption Case
The Second Circuit’s ruling does not apply where a non-bank entity is acting as an agent for the bank or...
Legal
Second Circuit Revives FDCPA Class Action
The Second Circuit declared that the Court's ruling is the first to address the scope of the FDCPA’s “in connection...
NYBA Wins Challenge to New York City Law
The New York Bankers Association on Friday won its legal challenge to New York City’s Responsible Banking Act, with a...
Fifth Circuit Revives FDIC’s Securities Fraud Suit
The Fifth Circuit’s decision on the FDIC’s Extender Statute aligns with prior rulings issued by the First, Second and Tenth...
Federal Court Rules NYC’s Responsible Banking Act Preempted by NBA
The district court’s ruling aligned with the arguments in the ABA’s amicus brief.
SEC Adopts CEO Pay Ratio Disclosure Rule
By a 3-2 vote, the Securities and Exchange Commission today approved a final rule requiring public companies to disclose the...
ABA to Agencies: Put Court’s Disparate Impact Framework into Guidance
ABA today asked the financial regulators and law enforcement agencies to include in their guidance, exam procedures and appropriate regulations...
D.C. Circuit Revives ATM-Fee Class Action
The case will be remanded to the district court where the judge will eventually rule on the merits of plaintiffs’...
Court Rejects Amex Antitrust Settlement over Attorney Collusion
A conference is scheduled in the district court for October 5, 2015 to decide the next steps in the litigation.
Appellate Court: Legal Challenge to CFPB May Proceed
Reversing a lower court decision, a three-judge panel of the D.C. Circuit Court of Appeals on Friday allowed key parts...
