ABA, Financial Groups Caution on Patent Troll Bill
Patent troll legislation currently before the House Energy and Commerce Committee does too little to protect banks and other businesses...
Legal
Does the Business Judgment Rule Apply to Bank Directors?
A novel legal take by the FDIC to bank board decision-making could make it much harder to find qualified bank...
Changes in Overtime Exemption Standards
Forthcoming regulations may cause many employees to be reclassified to non-exempt status—with a particularly significant impact on the banking industry.
PTAB Invalidates Two Check-Imaging Patents
Two patents for check-imaging processes that were being asserted against banks have been invalidated.
CFPB Fines Regions $7.5M for Overdraft Program
The penalty against Regions is the first imposed by the CFPB related to overdraft fees.
Supreme Court Will Examine Article III Standing
The Supreme Court will decide whether a plaintiff has standing to sue for statutory violations under the Fair Credit Reporting...
FDIC Finalizes Changes to Limits on Failed Bank Asset Purchasers
The FDIC today issued a final rule making changes and clarifications to its prohibition on individuals or entities associated with...
Deutsche Bank Pays $2.5 Billion to Resolve Libor Charges
Deutsche’s deferred prosecution agreement is the largest of the Libor-rigging settlements.
Fifth Circuit Rules Texas Debt Collection Statute Not Preempted by HOLA
A Fifth Circuit ruling in Barzelis v. Flagstar Bank F.S.B. will raise questions about how to define a “borrower” under...
