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Results: 1-10 of 12

GAO Sounds Death Knell for the CFPB’s Key Statement of its “Disparate Impact” Theories in Indirect Auto Finance
  • Troutman Sanders LLP
  • USA
  • December 6 2017

On Tuesday, December 5, 2017, the Government Accountability Office ("GAO") levelled a heavy blow on a major regulatory initiative of the Consumer


Auto Lendingand DelinquenciesStay on Upward Trend
  • Troutman Sanders LLP
  • USA
  • December 1 2017

A recent report released by the Center for Microeconomic Data at the Federal Reserve Bank of New York found that American household debt continues to


Bank to Pay $2.8 Million in Consumer Restitution to Settle Alleged Deceptive Fee Practices
  • Troutman Sanders LLP
  • USA
  • November 30 2017

The Board of Governors of the Federal Reserve System recently issued a Consent Order against Peoples Bank, based in Lawrence, Kansas, to settle claims


Auto Finance Company Unable to Shake TCPA Class Action
  • Troutman Sanders LLP
  • USA
  • November 20 2017

The Third Circuit recently clarified in important ways its ascertainability standard for class actions under Rule 23 in a case that arose from the


District Court Relies on Spokeo to Dismiss FACTA Suit
  • Troutman Sanders LLP
  • USA
  • November 9 2017

On November 6, a judge in the Southern District of New York dismissed a proposed class action alleging that Wolfgang’s Steakhouse impermissibly


President Trump Officially Kills Arbitration Rule
  • Troutman Sanders LLP
  • USA
  • November 1 2017

On November 1, President Donald J. Trump signed a resolution passed by Congress to nullify the Consumer Financial Protection Bureau’s Arbitration Rule


Congress Kills CFPB’s Arbitration Ban for Financial Services Companies, Returning Focus to State v. Federal Court Wars
  • Troutman Sanders LLP
  • USA
  • October 26 2017

On Tuesday, October 24, 2017, the Senate voted to nullify the Consumer Financial Protection Bureau’s (“CFPB”) arbitration rule (the “Rule”) in a 51-50


U.S. Treasury Criticizes Arbitration Rule
  • Troutman Sanders LLP
  • USA
  • October 24 2017

On October 23, the U.S. Department of the Treasury released a report objecting to the Consumer Financial Protection Bureau’s arbitration rule. As we


Massachusetts AG Accuses Used Car Dealer of Deceptive Practices
  • Troutman Sanders LLP
  • USA
  • October 3 2017

On September 26, Massachusetts Attorney General Maura Healey’s office filed a complaint against used car dealer JD Byrider, accusing the dealership of


DOJ Permits Banks to Create Real-Time Payment System
  • Troutman Sanders LLP
  • USA
  • September 29 2017

On September 21, the Department of Justice cleared the way for a group of the twenty-four largest U.S. banks to create a real-time payment system that