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Results: 1-10 of 874

District Court denies joint request to stay payday rule but agrees to stay lawsuit
  • Buckley Sandler LLP
  • USA
  • June 15 2018

On June 12, the U.S. District Court for the Western District of Texas denied a joint request by the CFPB and two payday loan trade groups to stay the


Busy lenders round-up - June 2018
  • TLT LLP
  • USA, United Kingdom, European Union
  • June 12 2018

The Pre-Action Protocol for Professional Negligence (the Protocol) has been amended to include a requirement for claimants to consider adjudication at


NCUA proposes additional payday loan alternative option
  • Buckley Sandler LLP
  • USA
  • June 8 2018

On June 4, the National Credit Union Administration (NCUA) published in the Federal Register a proposal to create a new payday alternative loan


District Court rules South Dakota banking regulator exceeded authority in revoking payday lender’s license
  • Buckley Sandler LLP
  • USA
  • June 5 2018

On May 29, the U.S. District Court for the District of South Dakota denied a motion to dismiss filed by the director of the South Dakota Division of


CFPB Succession: Bureau asks court to stay payday rule litigation; Mulvaney: Bureau may resume PII collection; working on a fintech regulatory “sandbox”; will consider scale and frequency of violations in future actions
  • Buckley Sandler LLP
  • USA
  • June 1 2018

On May 31, the CFPB filed a joint motion with two payday loan trade groups, requesting a stay of litigation pending the Bureau’s reconsideration of


Small-dollar loans
  • White & Case LLP
  • USA
  • April 24 2018

After five years of research and public comments, the CFPB released its final rule regulating payday lending in October 2017 (Payday Rule), shortly


Pennsylvania district court denies payday lender’s transfer request to bankruptcy court
  • Buckley Sandler LLP
  • USA
  • April 6 2018

On April 3, the U.S. District Court for the Eastern District of Pennsylvania denied a motion to move an action, filed by a group of online payday


CFPB appeals $10 million order in payday lender suit
  • Buckley Sandler LLP
  • USA
  • March 30 2018

On March 27, the CFPB filed a notice of appeal to the U.S. Court of Appeals for the 9th Circuit in response to a district court’s order that an


Florida allows 60 - 90 day payday loan
  • Buckley Sandler LLP
  • USA
  • March 23 2018

On March 19, the Florida governor signed legislation, SB 920, which authorizes the lending of an additional type of payday loan (referred to as


Lifting of Longstanding OCC Consent Order May Signal Improved Environment for Bank Partnerships
  • Pepper Hamilton LLP
  • USA
  • March 20 2018

On February 14, the Office of the Comptroller of the Currency (OCC) terminated a longstanding cease-and-desist order against payday lender ACE Cash