ABA files coalition amicus brief in Ninth Circuit arguing NBA preempts California’s interest on escrow law
ABA filed a coalition amicus brief urging the Ninth Circuit to reverse a district court decision that ruled that the...
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Florida judge recommends upholding CFPB’s 1071 rule
A Florida federal magistrate judge recommended granting CFPB summary judgment and denying the Revenue Based Finance Coalition's motion for summary...
City of Baltimore and National Treasury Employees Union sue to continue CFPB funding and operation
The city of Baltimore and The National Treasury Employees Union each sued CFPB, accusing it of unlawfully using its funding...
Delaware federal court refuses to dismiss JP Morgan’s lawsuit against Argus
A Delaware federal court granted in part and denied in part Argus, Verisk Analytics and TransUnion’s motion to dismiss JPMorgan’s...
Fifth Circuit vacates FTC’s CARS Rule
In a 2-1 decision, a Fifth Circuit panel vacated the CARS Rule, ruling the FTC violated the FTCA by promulgating...
Fourth Circuit rules servicemembers Civil Relief Act does not bar arbitration
In a 3-0 decision, a Fourth Circuit panel held that the SCRA does not override mandatory arbitration agreements in lenders’...
FinCEN resumes enforcing Corporate Transparency Act as Texas federal court lifts injunction
Judge Jeremy Kernodle of the Eastern District of Texas lifted a preliminary injunction that had paused enforcement of the CTA...
Court extends preliminary injunction to out-of-state banks in Illinois interchange litigation
Judge Virginia Kendall of the Northern District of Illinois extended the preliminary injunction against enforcing the IFPA to out-of-state chartered...
Fifth Circuit grants stay pending appeal in 1071 lawsuit
A Fifth Circuit panel granted ABA’s motion for a stay pending appeal in its lawsuit challenging CFPB’s Section 1071 final...
ABA files motion for summary judgment in late fee lawsuit against CFPB
ABA sued CFPB arguing the final rule violates the U.S. Constitution’s Appropriations Clause, the CARD Act, the Dodd-Frank Act, and...
