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Orrick is a global law firm focused on serving the technology & innovation, energy & infrastructure and finance sectors. Founded more than 150 years…
Orrick, Herrington & Sutcliffe LLP | USA | 19 Aug 2023
Chopra announces rulemaking for data brokers
On August 15, CFPB Director Rohit Chopra delivered remarks at the White House Roundtable on the harms of data broker practices. Referencing the…
Orrick, Herrington & Sutcliffe LLP | USA | 19 Aug 2023
OCC updates bank accounting guidance
On August 15, the OCC released an annual update to its Bank Accounting Advisory Series (BAAS) which is intended to address a variety of Accounting…
Orrick, Herrington & Sutcliffe LLP | USA | 19 Aug 2023
FDIC announces Mississippi disaster relief
On August 15, the FDIC issued FIL-36-2023 to provide regulatory relief to financial institutions and help facilitate recovery in areas of Mississippi…
Orrick, Herrington & Sutcliffe LLP | USA | 19 Aug 2023
USDA urges Supreme Court to overturn FCRA 3rd Circuit ruling
On August 15, the USDA filed a brief urging the U.S. Supreme Court to overturn a U.S. Court of Appeals for the Third Circuit decision to reverse its…
Orrick, Herrington & Sutcliffe LLP | USA | 19 Aug 2023
District Court dismisses suit challenging Biden’s student debt relief plan
On August 14, the U.S. District Court for the Eastern District of Michigan dismissed without prejudice a lawsuit filed against the federal government…
Orrick, Herrington & Sutcliffe LLP | USA | 19 Aug 2023
SBA offers disaster assistance to businesses and residents
On August 16, the Small Business Administration (SBA) announced the availability of low-interest disaster loans available to businesses and residents…
Orrick, Herrington & Sutcliffe LLP | USA | 19 Aug 2023
District court declines to reconsider BIPA accrual ruling
On August 14, an Illinois District Court denied in part and granted in part a tech company’s motion to dismiss a class-action suit that alleged…
Orrick, Herrington & Sutcliffe LLP | USA | 18 Aug 2023
District Court splits order against crypto platform
On August 11, a split U.S District Court of the Southern District of New York partially granted and partially denied a crypto platform’s (defendant)…
Orrick, Herrington & Sutcliffe LLP | USA | 18 Aug 2023
FDIC releases operational risks in 2023 Risk Review
On August 14, the FDIC released its 2023 Risk Review, summarizing emerging risks in the U.S. banking system observed during 2022 and early 2023 in…
Orrick, Herrington & Sutcliffe LLP | USA | 18 Aug 2023
DFPI launches actions against crypto scams, initiates education campaign
On August 9, the California Department of Financial Protection and Innovation (DFPI) announced that it issued cease and desist orders against three…
