On June 2, the U.S. Court of Appeals for the D.C. Circuit categorically rejected consolidated petitions by several states, municipalities, industrial entities, and environmental groups challenging findings by the Environmental Protection Agency that designated regions had failed to meet certain ozone restrictions under the Clean Air Act (42 U.S.C. §§ 7401 et seq.).
At
This month, Consumer Financial Protection Bureau Director Richard Cordray issued a groundbreaking decision in the first ever appeal of an administrative enforcement proceeding. In his decision, Cordray largely affirmed the November 2014 judgment of Administrative Law Judge Cameron Elliot. Judge Elliot had found that PHH Corp., a mortgage lender, violated the Real Estate Settlement Procedures
On June 23, the Consumer Financial Protection Bureau issued the eighth edition of its “Supervisory Highlights,” which covered supervisory activities the Bureau completed between January and April 2015.
The CFPB oversees depository institutions and credit unions with total assets of more than $10 billion, as well as their affiliates. Under the Dodd-Frank Wall Street Reform
As we discussed last year, the Federal Trade Commission announced in May 2014 that it settled charges against Asset Capital and Management Group for illegally extracting payments from consumers for credit card debt that it had purchased from creditors.
In addition to banning the defendants – which includes individuals behind the scheme, a network
On June 30, the Third Circuit Court of Appeals joined a number of federal judicial circuits in holding that immaterial misstatements do not violate the Fair Debt Collection Practices Act (FDCPA).
In this case, Plaintiff defaulted on her loan, and Defendant – a debt collector – obtained a default judgment against her. Defendant then
Troutman Sanders LLP announced today that Jon S. Hubbard has rejoined the firm’s Financial Services Litigation practice as Of Counsel in the Richmond office. He returns to the firm from Capital One, where he was Assistant General Counsel and Director of Mortgage Litigation.
At Capital One, Hubbard represented the company on a national basis in
Effective July 1, the Georgia Governor’s Office of Consumer Protection is moving administratively to the Office of the Georgia Attorney General. At that point and thereafter, the office will be known as the Consumer Protection Unit (CPU) of the Law Department. According to its announcement concerning this move, the unit will continue to perform essentially
On June 29, the Federal Trade Commission announced that it had reached settlements with two Las Vegas auto dealerships, Planet Hyundai and Planet Nissan, over claims that they violated the Federal Trade Commission Act of 1914 by advertising large discounts not available to the general public.
The allegations against Planet Hyundai and Planet Nissan involved
On June 25, 2015, a 5-4 majority of the U.S. Supreme Court ruled that the Fair Housing Act (“FHA”) permits discrimination claims brought under a disparate impact theory of liability. Justice Kennedy authored the majority opinion in the much-anticipated decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc. – a
On June 20, Virginia Attorney General Mark Herring announced that an agreement had been reached to keep Sweet Briar College open, ending months of litigation over the future of the College. The agreement will both provide money for the next year of operation and create a wholesale change of school leadership.
In March of this