On June 20, 2025, Texas Governor Greg Abbott signed House Bill 700, which regulates sales-based financing transactions and requires providers and brokers of sales-based financing transactions to register with the Texas Office...more
7/3/2025
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Financial Services Industry ,
Financing ,
Governor Abbott ,
New Legislation ,
Proposed Legislation ,
Registration Requirement ,
Regulatory Authority ,
Regulatory Requirements ,
State Attorneys General ,
Unfair or Deceptive Trade Practices
Motor vehicle purchase and finance transactions are rarely simple, even if they're routine from the perspective of the businesses involved. The typical motor vehicle retail installment transaction features the buyer, the...more
7/1/2025
/ Appeals ,
Arbitration ,
Arbitration Agreements ,
Automotive Loans ,
Class Action ,
Consumer Financial Contracts ,
Consumer Financial Products ,
Consumer Lenders ,
Consumer Protection Laws ,
Contract Disputes ,
Contract Terms ,
Dispute Resolution ,
Lenders ,
Third-Party Beneficiaries
"No harm, no foul" is a common saying. As it turns out, that saying is sometimes true in law. An important prerequisite for a lawsuit in federal court is that the plaintiff have standing to sue....more