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Article

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

Article

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

Article

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

Article

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

Article

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

Article

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

Article

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

Article

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

Article

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

Article

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

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