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Nutter McClennen & Fish LLP | USA | 13 Feb 2020
Fintech in Brief: FDIC Approves First Fintech Application for Federal Deposit Insurance
On February 7, all-mobile banking services startup Varo Money, Inc. (“Varo”) received the FDIC’s approval of its federal deposit insurance
Nutter McClennen & Fish LLP | USA | 13 Feb 2020
Class Certification Denied in Action Against Auto Max for Alleged Failure to Disclose Structural Damage to Vehicles
In Cabrera v. Auto Max, Carlos Cabrera moved to certify a class of Auto Max vehicle purchasers who did not receive disclosures informing them that
Nutter McClennen & Fish LLP | USA | 12 Feb 2020
Community Health Systems Affiliate Found Subject to Personal Jurisdiction in Massachusetts
In Steward Health Care System v. CHSPSC, Judge Sanders found that CHSPSC, an affiliate of Community Health Systems (CHS), is subject to personal
Nutter McClennen & Fish LLP | USA | 29 Jan 2020
Product Liability 2019 Year in Review
Massachusetts state and federal courts issued a number of important product liability decisions in 2019. The Product Liability practice group at
Nutter McClennen & Fish LLP | USA | 29 Jan 2020
Nutter Bank Report: January 2020
The FDIC and OCC have issued new guidance for banks on heightened cybersecurity risks facing the financial services industry because of increased
Nutter McClennen & Fish LLP | USA | 10 Jan 2020
The End of the Stretch IRA as We Know It: Important Information About the SECURE Act
The Setting Every Community Up For Retirement Enhancement (“SECURE”) Act, which was enacted into law last month, changed the rules governing the
Nutter McClennen & Fish LLP | USA | 9 Jan 2020
Gimme Shelter: An Overview on Low-Income Housing Tax Credits for Developers, Investors, and Lenders
"There are a few ways to obtain low-income housing tax credits. Each program has stress points in making it work, so there isn’t always a clear
Nutter McClennen & Fish LLP | USA | 23 Dec 2019
Nutter Bank Report: December 2019
The FDIC and the OCC have jointly proposed amendments to modernize the agencies’ Community Reinvestment Act (“CRA”) regulations, which are intended
Nutter McClennen & Fish LLP | USA | 18 Dec 2019
Fintech in Brief: Federal Reserve Board Announces Fintech Innovation Office Hours Program
On December 17, 2019, the Federal Reserve Board (“FRB”) joined the other federal financial regulators by announcing it would hold a series of
Nutter McClennen & Fish LLP | USA | 5 Dec 2019
Fintech in Brief: Interagency Statement on the Use of Alternative Data in Credit Underwriting
On December 3, 2019, the Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation
