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Banks Unfair Competition

Troutman Pepper Locke

Preemption Win for Federal Credit Union in the Ninth Circuit on Bounced Check Fee Claims

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In a significant ruling, the U.S. Court of Appeals for the Ninth Circuit affirmed the dismissal of a consumer’s state law claims against a federal credit union on federal preemption grounds. The putative class action...more

Husch Blackwell LLP

New California Class Action Highlights Recent Focus on Autopay Cancellations

Husch Blackwell LLP on

Last month, a cardholder filed a class action lawsuit in California against a national bank alleging that the bank failed to inform the consumer that his automatic payment enrollment would be canceled after a period of credit...more

Latham & Watkins LLP

ESG Initiatives Face Increased Pressure From Potential Antitrust Challenges

Latham & Watkins LLP on

A recent letter from 21 state Attorneys General to various asset managers demonstrates a focus on using antitrust and unfair competition laws to oppose ESG efforts. Key Points: ..ESG investing initiatives are not...more

White & Case LLP

Key Regulatory Developments Impacting the California Lending and Payments Space

White & Case LLP on

The State of California is home to almost 40 million consumers and the world’s fifth largest economy. It represents a key exposure to most financial services companies’ US footprint. In recent years nonbank financial services...more

K&L Gates LLP

Brussels Regulatory Brief: February 2016

K&L Gates LLP on

The Court of Justice of the European Union (‘CJEU’) has recently clarified how participation in cartels can be presumed under EU competition rules. An online booking system used for package holidays had sent to travel agents...more

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