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Federal Court Dismisses "Speculative" Lawsuit By New York Department Of Financial Services Over Proposed OCC Fintech Charter
On Tuesday, a federal district court in the Southern District of New York issued an order dismissing a lawsuit brought by the NYDFS regarding a proposal of the OCC to issue federal charters to certain fintech firms.
United States
14 Dec 2017
Ninth Circuit Issues Mixed-Bag Decision On Punitive Damages In Insurance Bad-Faith Case
When it comes to punitive damages doctrine, the decision is a mixed bag.
United States
13 Dec 2017
Managing The Early Stages Of Commercial Litigation In The US: Critical First Steps
Mayer Brown's Commercial Litigation group is pleased to announce the second edition of our booklet Managing the Early Stages of Commercial Litigation in the US: Critical First Steps.
United States
12 Dec 2017
BPTO Backlog: The Proposal To Fast-Track Patent Applications In Brazil
To address its backlog of patent applications—which totaled 231,184 as of this June—the Brazilian Patent and Trademark Office (BPTO) is proposing a special, temporary fast-tracking procedure.
28 Nov 2017
The CFPB's Acting Director Is . . .
Richard Cordray is no longer the director of the Consumer Financial Protection Bureau.
United States
27 Nov 2017
CFPB Acting Director – The Controversy Escalates
The dispute over the CFPB acting director designation has moved into federal court.
United States
27 Nov 2017
Seventh Circuit Enforces Important Limit On Class Action Tolling
The plaintiff's lawyer then filed a successor suit on his own behalf, which he dismissed when he filed the plaintiff's suit.
United States
22 Nov 2017
CFPB Enforcement Manual Publicly Available
The Consumer Financial Protection Bureau (CFPB) recently posted its Enforcement Policy and Procedures Manual (Manual) on its FOIA reading room website.
United States
20 Nov 2017
CFPB Director Richard Cordray To Step Down
In an email to staff, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray announced on Wednesday, November 15, that he will be stepping down this month.
United States
17 Nov 2017
Five Questions General Counsels Should Ask About Cybersecurity Tabletop Exercises
As large-scale cybersecurity incidents dominate headlines, companies should consider how they can prepare to manage and respond to such potentially damaging events.
United States
16 Nov 2017
Legislation May Affect US Reviews Of Foreign Investments
Calls to increase scrutiny of foreign investment in the United States have gained strength in the US Congress, and now there are several proposals for changes to the multi-agency CFIUS.
United States
15 Nov 2017
Trump Administration Amends Sanctions Against Cuba
On November 8, 2017, the US Treasury, Commerce, and State Departments announced amendments to the Cuban Assets Controls Regulations and the Export Administration Regulations...
United States
14 Nov 2017
Firm Wins Immediate Parole Eligibility And Monetary Award For Non-Violent Offender Serving A Life Sentence Under California's Three Strikes Law
Pro bono client, Kenneth Oliver, a non-violent offender, has spent the last 20 years in prison.
United States
3 Nov 2017
Texas Voters Consider Big Changes to Home Equity Loan Restrictions
On November 7, Texas voters will have the opportunity to make some significant changes to the state's homestead equity loan restrictions.
United States
3 Nov 2017
Acquiring Excess Servicing Fees For Mortgage Loan Servicing Rights
Is it possible for an investor to participate in the economics of agency residential mortgage servicing rights without being an approved holder of the servicing rights?
United States
2 Nov 2017
New York Takes Aim At Title Insurance Marketing Practices
New title insurance regulations in New York restrict the marketing practices of title insurance agencies and affect the operation of affiliated businesses.
United States
2 Nov 2017
Five Questions General Counsels Should Ask About Vulnerability Disclosure
As businesses continue to leverage complex systems, managing the vulnerabilities inherent in such operations will become an increasingly important task.
United States
1 Nov 2017
Oregon Begins To License Residential Mortgage Loan Servicers
With Oregon scheduled to begin accepting mortgage loan servicer license applications through the NMLS on November 1, 2017, we wanted to update our August 16, 2017 blog post for those who may..
United States
1 Nov 2017
FHFA Finalizes Language Preference Question On Future URLA
While the FHFA is seeking to promote access to credit for consumers with limited English skills, lenders remained concerned that the revisions will raise the risk of confusing or misleading those consumers
United States
30 Oct 2017
Congress Votes To Invalidate CFPB's Anti-Arbitration Rule
The anti-arbitration rule issued by the Consumer Financial Protection Bureau in July is now just one short step away from elimination.
United States
25 Oct 2017
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