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Financing State Attorneys General

Hudson Cook, LLP

Texas Governor Signs H.B. 700; New York Legislature Passes FAIR Business Practices Act

Hudson Cook, LLP on

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

Cozen O'Connor

Auto Financing in the Headlights of CFPB Report

Cozen O'Connor on

The CFPB issued a Supervisory Highlight detailing findings related to potentially illegal practices by auto-finance companies. The Supervisory Highlight’s key observations include that certain auto-finance companies allegedly...more

Cozen O'Connor

Florida AG Settles with HVAC Installer Over Alleged Deceptive Sales

Cozen O'Connor on

Florida AG Ashley Moody reached a settlement with HVAC company Bruno, LLC and its owner Louis Bruno (collectively, “Bruno”) to resolve allegations that Bruno engaged in deceptive sales practices in violation of Florida’s...more

Goodwin

SEC Issues No-Action Relief On Registered Funds’ Custody Of Loan Interests

Goodwin on

In this Issue. The U.S. Securities and Exchange Commission (SEC) was very active this week, having (i) issued no-action relief allowing registered funds to engage in self-custody of interests in loans that are originated,...more

Bricker Graydon LLP

Ohio Attorney General clarifies storm shelter moratorium financing requirements for public and private schools

Bricker Graydon LLP on

On November 1, 2017, the Ohio Board of Building Standards (OBBS) adopted an update to the Ohio Building Code requiring the inclusion of storm shelters in the construction of educational occupancies. That update has resulted...more

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