Newsletters

07.17.19

Ninth Circuit Follows McGill Decision, Cementing Arbitration Risk in California

The U.S. Court of Appeals for the Ninth Circuit has passed on an opportunity to fix the so-called McGill problem in California, affirming the denial of a motion to compel arbitration of a claim for public injunctive relief in Blair v. Rent-A-Center and two companion cases. 


07.17.19

Fintech News: State Licensing Streamlined, More States Step into the Sandbox

The Conference of State Bank Supervisors (CSBS) recently announced that 23 states have now agreed to participate in a streamlined licensing process under which nonbanks requiring a license to operate under state law can benefit from the cooperative efforts of the state regulators in approval of ...


07.17.19

FDIC Focuses on Minority Depository Institutions

Shining a light on minority depository institutions (MDIs), in June 2019, the Federal Deposit Insurance Corporation (FDIC) hosted the 2019 Interagency Minority Depository Institution and CDFI Bank Conference in partnership with the Federal Reserve Board of Governors and the Office of the ...


07.17.19

CFPB News: New Rules, AG Overdraft Comments, OIG Report

The Consumer Financial Protection Bureau (CFPB or Bureau) turned its focus to rulemaking, with the Bureau issuing a final rule amending Regulation CC and extending the comment period on the advanced notice of proposed rulemaking (ANPR) on the Home Mortgage Disclosure Act (HMDA).


07.17.19

Task Force Considers Fintech Regulation

The newly formed House Financial Services Committee’s Task Force on Financial Technology (Committee) recently held its first hearing, and it included some interesting perspectives from both U.S. and U.K. regulators.


07.17.19

Sunshine at FDIC: Application Procedures Manual Excerpts Released

It’s out with the guesswork for those entities regulated or insured by the Federal Deposit Insurance Corporation (FDIC).


07.17.19

Eighth Circuit Tackles Unconstitutional Damages, Personal Liability and Standing in Single TCPA Case

Conservative activist Dr. James R. Leininger, through an entity he owned, helped finance a film called Last Ounce of Courage.


07.17.19

Eighth Circuit Tackles Unconstitutional Damages, Personal Liability and Standing in Single TCPA Case

Former Governor Mike Huckabee figured heavily in a major TCPA appeals case, and the ruling offers up some important lessons for companies engaged in telemarketing activities. 


07.16.19

Eddie Bauer Fights Back Against Suit Claiming False Email Subject Lines

Email subject lines have been the subject of several lawsuits in the past several years under state spam laws.


07.16.19

Beer Brand Battle Continues With Preliminary Injunction

A federal court judge has weighed in on the battle dubbed “Corngate” between Bud Light and competitors Miller Lite and Coors Light, denying Anheuser-Busch InBev’s motion to dismiss MillerCoors’ false advertising lawsuit.