A Maine federal district court ruled the Fair Credit Reporting Act partially preempts Maine’s Medical Debt Reporting Act and Economic Abuse Debt Reporting Act, both of which amended the Maine Fair Credit Reporting Act.
Browsing: Banking Docket
Genesis Global Trading agreed to pay $8 million to resolve NYDFS allegations that it violated virtual currency and cyber security regulations.
The Consumer Financial Protection Bureau filed an amicus brief urging the First Circuit to hold that the Fair Debt Collection Practices Act’s prohibition on false, deceptive or misleading representations, applies even if such representations are made unintentionally and unknowingly.
ABA and a group of trade associations (Amici) filed an amicus brief urging the U.S. Supreme Court to affirm a Second Circuit decision ruling the NBA preempts New York’s interest on mortgage escrow law.
ABA, trade groups file amicus brief supporting Article 13 LLC in Foreclosure Abuse Protection Act lawsuit
ABA and trade groups filed an amicus brief urging the Second Circuit to rule that the retroactive application of FAPA is unconstitutional.
ABA and other trade groups filed an amicus brief urging the U.S. Supreme Court to rule a delegation clause requires arbitrator to decide whether a subsequent contract modifies the scope of original arbitration agreement.
Atlantic Union Bank agreed to pay $6.2 million to resolve CFPB allegations that it illegally enrolled customers in checking account overdraft programs.
California court grants DFPI’s motion for summary judgment in commercial financing disclosure lawsuit
A California federal district court granted a motion by the state’s Department of Financial Protection and Innovation (DFPI) for summary judgment after the Small Business Finance Association sued to enjoin DFPI from enforcing its final regulations implementing California’s commercial financing disclosure law.
In a unanimous decision, a Fifth Circuit panel vacated the SEC’s stock buyback rule because the SEC did not fix the issues identified by the court within the ordered 30-day timeframe.
The U.S. Supreme Court dismissed an ADA tester as moot, but emphasized the circuit split over whether “testers” have standing “is very much alive.”