News & Analysis as of

Late Fees Penalties

Orrick, Herrington & Sutcliffe LLP

CFPB gets its credit card late fee rule tossed

On April 15, the U.S. District Court for the Northern District of Texas vacated the CFPB’s Credit Card Late Fee Rule pursuant to a joint motion for entry of consent judgment reached by the parties. The court found the CFPB’s...more

Troutman Pepper Locke

CFPB Abandons Credit Card Late Fee Rule

Troutman Pepper Locke on

The Consumer Financial Protection Bureau (CFPB or Bureau) agreed to vacate its controversial credit card late fee rule in a joint motion for entry of consent judgment filed in Chamber of Commerce of the United States of...more

Ward and Smith, P.A.

Attention North Carolina Retailers: Time to Renew Your ABC Permits!

Ward and Smith, P.A. on

If your business sells alcohol in North Carolina, now is the time to renew or register your Alcoholic Beverage Control (ABC) retail permit. Failure to complete this process on time could result in penalties, increased costs,...more

Walkers

June 30 filing deadlines approaching: Noting the amendments made to the Bermuda Investment Funds Act 2006

Walkers on

Read the full advisory All authorised and registered Bermuda investments funds having a financial year end at December 31 should be finalising their annual filings with the Bermuda Monetary Authority, which are due by June...more

Payactiv

Consumer Protection Priorities in Earned Wage Access Legislation

Payactiv on

In recent years, earned wage access (EWA) – an innovative technology that enables workers to access their own, already earned wages without having to wait for payday – has rapidly become a table stakes employee benefit. By...more

Rosenberg Martin Greenberg LLP

New Baltimore City Law Requires Changes to Residential Leases and Impacts Assessment of Late Fees

On March 22, 2021, the Baltimore City Council passed legislation that mandates changes to all residential leases and impacts when late fees may be imposed. Specifically, the law, entitled “Late Fees for Past Due Rent,”...more

Bricker Graydon LLP

Potential impacts of H.B. 197 on Ohio EPA regulated entities

Bricker Graydon LLP on

H.B. 197, passed by the Ohio Senate and the Ohio House and now awaiting Governor DeWine’s signature, includes several provisions that may impact entities or communities regulated by Ohio EPA. First, Section 27 of H.B. 197...more

Orrick, Herrington & Sutcliffe LLP

Class Action Plaintiffs Continue Attack on Residential Rent Late Fees

Plaintiffs’ lawyers have recently taken aim at REITS and other owners and managers of multi-family property portfolios - filing class action lawsuits seeking damages and to invalidate late fee charges imposed under...more

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