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CFPB Seeks Delay in Effective Date of the Debt Collection Final Rule

USA - April 19 2021 The Debt Collection Final Rules, which have an effective date of November 30, 2021, may be postponed by 60 days until January 29, 2022, the Consumer…

Andrew E. Bigart, Alexandra Megaris, Jonathan L. Pompan.

Court Vacates Two Provisions of the Prepaid Rule

USA - January 15 2021 In a case brought by PayPal, Inc. under the Administrative Procedure Act (APA) and the First Amendment, a D.C. district court has sided with PayPal…

R. Andrew Arculin, Allyson B. Baker, Peter S. Frechette, Makalia A. Griffith, Jonathan L. Pompan, Gerald S. (Gerry) Sachs.

Congress Updates and Expands the Paycheck Protection Program

USA - December 29 2020 Title III of Division N of the Consolidated Appropriations Act of 2021 (the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act or…

Allyson B. Baker, Andrew E. Bigart, Matthew Bornfreund, Meredith L. Boylan, Erin Zacuto Cass, Sarah B. Donovan, Michael Marusak, Caleb E. McCallum, Christopher N. Moran, Samuel Olchyk.

Congress Provides $15 Billion in Grants to Shuttered Venue Operators

USA - December 29 2020 Title III of Division N of the Consolidated Appropriations Act (the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, or “the…

Allyson B. Baker, Andrew E. Bigart, Matthew Bornfreund, Meredith L. Boylan, Erin Zacuto Cass, Sarah B. Donovan, Peter S. Frechette, Michael Marusak, Caleb E. McCallum, Christopher N. Moran, Samuel Olchyk.

Debt Collection Consumer Disclosure Rule

USA - December 22 2020 The Final Rule issued on December 18, 2020 follows a recently released final rule regarding debt collection communications ("November 2020 Final…

Andrew E. Bigart, Matthew Bornfreund, Peter S. Frechette, Makalia A. Griffith, Alexandra Megaris, Jonathan L. Pompan.