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854 results found


Buckley LLP | USA | 16 Aug 2018

Massachusetts Attorney General announces firm to pay $26.8 million for securitization of subprime mortgages

On August 6, the Massachusetts Attorney General announced a settlement with a securities firm related to the allegedly unfair purchase and


Foley & Lardner LLP | USA | 27 Jul 2017

Sub-Prime Auto Loan Delinquencies Continue to Rise, but Experts Provide Divergent Views of Impact

Nearly one year ago, we wrote about auto loan delinquencies’ potential impact on the automotive industry. Now, car sales are falling and auto loan


Maurice Wutscher LLP | USA | 22 May 2017

SCOTUS Holds Cities Have Standing Under FHA for ‘Subprime Nuisance’ Claims

The Supreme Court of the United States recently held that a city qualifies as an “aggrieved person” under the federal Fair Housing Act, 42 U.S.C.


Milbank LLP | USA, United Kingdom | 15 Mar 2017

Privilege in cross-border investigations and litigation: Implications of The RBS Rights Issue Litigation in the English High Court

Although the laws relating to legal professional privilege in England and attorney-client privilege in the US share a common underlying policy


Morrison & Foerster LLP | USA | 15 Mar 2017

CFPB Initiates Third CARD Act Review

On March 10, 2017, the Consumer Financial Protection Bureau (CFPB or Bureau) published a Request for Information (2017 RFI) regarding the consumer


Dechert LLP | USA | 23 Jan 2017

Hey Guys, Let’s Sue a Financial Institution! Our Government at Play

This is all about the difficulty of taking the punch bowl away from a roaring good party. Over the past several weeks a number of major banks folded


McCarthy Tétrault LLP | Canada | 17 Jan 2017

Third-Party Releases in CCAA Plans of Compromise and Arrangement

It is well-established that Canadian courts have jurisdiction to approve a plan of compromise or arrangement under the Companies’ Creditors


Edgeworth Economics | USA | 19 Jul 2016

Building the CFPB’s Arbitration Archive: A Commentary on Design, Implementation, and Privacy

An element of the Consumer Financial Protection Bureau’s (CFPB) potential rulemaking on arbitration agreements is a proposal to require the submission


Cooley LLP | United Kingdom | 12 Jul 2016

FCA review of crowdfunding & peer-to-peer lending rules - change and enforcement likely to follow

The FCA has published a “Call for input to the post-implementation review of its crowdfunding rules“. Some will think this is code for “move along


Paul Weiss | USA | 31 May 2016

Second Circuit Strikes Down Imposition of $1.27 Billion FIRREA Penalty, Holds That Government Failed to Prove Countrywide Acted with Fraudulent Intent

On May 23, 2016, the United States Court of Appeals for the Second Circuit reversed a jury's finding of liability and the district court's imposition

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