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California’s Expansive New Financial Protection Agency: What You Need to Know Right Now

USA - September 4 2020 California is poised to enact broad new legislation creating an entirely revamped financial protection regimen, including a powerful new Department...

Scott M. Pearson, Jan L. Owen, Charles E. Washburn, Jr..

CFPB News: Bureau Places Itself Under the Microscope

USA - September 1 2020 In a potentially critical new development, the Consumer Financial Protection Bureau (CFPB or Bureau) will now impose what it characterizes as...

Charles E. Washburn, Jr..

CFPB Provides Additional Guidance on CARES Act Credit Reporting

USA - June 19 2020 On June 16, 2020, the Bureau of Consumer Financial Protection (CFPB) released a Compliance Aid in the form of ten FAQs (FAQs) on...

Scott M. Pearson, John A. Kimble, Charles E. Washburn, Jr..

Seventh Circuit Denies Stay of Injunction, Potentially Opens PPP Doors for More Small Businesses

USA - June 3 2020 On May 20, 2020, the U.S. Court of Appeals for the Seventh Circuit sided with a lower court which invalidated applying the “Ineligibility Rule” by...

Brian S. Korn, Scott M. Pearson, John A. Kimble.

Federal Court: SBA’s PPP Ineligibility Rule Is Invalid

USA - May 18 2020 In a significant rebuke of the Small Business Administration (SBA), a Michigan federal district court has rejected the SBA’s attempt to deem a number...

Scott M. Pearson, John A. Kimble.