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Financial Services Industry › Consumer Financial Protection Bureau (CFPB) › Intervenors

Orrick, Herrington & Sutcliffe LLP

District court denies six organizations from intervening in Section 1033 rule litigation

Orrick, Herrington & Sutcliffe LLP on

On July 8, the U.S. District Court for the Eastern District of Kentucky denied several memoranda for leave to file as amicus curiae in support of an intervenor trade association in a challenge to the CFPB’s Section 1033 rule....more

Ballard Spahr LLP

Is there a better route to nationwide relief than multiple preliminary injunction motions in the Texas lawsuit challenging the...

Ballard Spahr LLP on

This past Thursday, August 31, another preliminary injunction motion was filed in the Texas lawsuit challenging the CFPB’s small business lending rule (Rule). The latest motion was filed by XL Funding, LLC d/b/a Axle...more

Ballard Spahr LLP

Trade associations urge CFPB to pause effective date and tiered compliance dates of small business lending rule

Ballard Spahr LLP on

A group of trade associations has sent a letter to CFPB Director Chopra urging the CFPB to address the disparity that has resulted from the order entered by the Texas federal district court in the lawsuit challenging the...more

Ballard Spahr LLP

Extending relief granted in lawsuit challenging CFPB small business lending rule to all covered entities will require more...

Ballard Spahr LLP on

Last week, we published a blog post urging the CFPB to agree to extend the relief granted by the Texas federal district court in the lawsuit challenging the CFPB’s final small business lending rule (Rule) to all entities...more

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