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North Dakota Law Regulates "Alternative Financing" as a "Loan"

The state legislature in North Dakota recently passed House Bill 1127. This bill made a simple amendment to a 1970s-era law called the Money Brokers Act ("MBA")....more

SDNY Holds that Revenue-Based Financing Contract is Not a Loan

After a series of adverse decisions against revenue-based financing providers, the U.S. District Court for the Southern District of New York has given one provider a decisive victory and, in so doing, given the industry...more

Federal Agencies Take Another Shot at GAP Coverage for Buyers Covered by the Military Lending Act

I have always been a fan of suspenseful entertainment. I really like television shows where it looks like the protagonist is doomed, but then escapes, lands back in trouble, and gets out ... again! So fun. Originally...more

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