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Mayer Brown
 
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Tel: +1 312 7820600
Fax: +1 312 7017711
71 S. Wacker Dr.
Chicago
IL 60606
United States
By Phillip Schulman, Ori Lev, Melanie Brody
The long awaited en banc oral argument in the PHH v. CFPB appeal was heard this morning. Based upon the questions asked by the judges, and with the caveat that such questioning is not always an indicator of how a court will rule, it seems likely that the D.C. Circuit will not find the CFPB to be unconstitutionally structured.
By Brian Netter
Today, the Supreme Court issued two decisions, described below, of interest to the business community.
By Brian Netter
Today, the Supreme Court granted certiorari in one case of interest to the business community: Patents—Inter Partes Review : SAS Institute Inc. v. Lee, No. 16-96
By Ori Lev
One week before the en banc D.C. Circuit is scheduled to hear oral argument regarding the constitutionality of the Consumer Financial Protection Bureau's (CFPB) structure in CFPB v. PHH, the Ninth Circuit has taken up the issue as well.
By Costas Avrakotos, Steven Kaplan, David Beam, Jeffrey Taft, Keisha Whitehall Wolfe, Stacey Riggin
Last week was busy for the financial technology industry (Fintechs) and non-bank regulators.
By Brian Netter, Kristie D. Kully, Steven Kaplan
Today, the Supreme Court held that a debt collector does not violate the Fair Debt Collections Practices Act (FDCPA) by knowingly attempting to collect a debt in bankruptcy proceedings...
By Brian Netter
Today, the Supreme Court issued two decisions, described below, of interest to the business community: Federal Arbitration Act—Preemption of State Law; Fair Debt Collection Practices Act—Time-Barred Debts.
By Evan Tager
Just about a week after suffering its third punitive award in pelvic-mesh litigation, Johnson & Johnson found itself on the wrong end of a $105 million punitive award—close to 20 times the...
By Alex Lakatos, Brantley Webb
In the wake of Ponzi schemes, federal courts often appoint receivers to recoup stolen money for the benefit of the defrauded investors.
By Jonathan Jaffe
After leaving residential mortgage lenders guessing for many years, the California Department of Business Oversight ("DBO") finally provided the industry with some guidance on the documentation licensees may use to verify compliance with the state's per diem statutes.
By Duane Layton, Timothy Keeler, Warren Payne, Tiffany Smith
On April 27, 2017, US President Donald Trump announced that he would not withdraw from the NAFTA "at this time," after securing agreement from Canada and Mexico to renegotiate elements of the agreement.
By Evan Tager
As early as 1967, Judge Friendly worried about the phenomenon of punitive damages overkill in mass tort litigation. Fifty years later, the problem persists.
By Brian Netter
Today, the Supreme Court issued two decisions, described below, of interest to the business community: Foreign Sovereign Immunities Act—Pleading Standards + Fair Housing Act—Aggrieved Persons
By Kristie D. Kully
Once again, the Consumer Financial Protection Bureau ("CFPB") is providing compliance tips through its Supervisory Highlights for lenders making non-Qualified Mortgages ("non-QMs").
By Brian Netter
Today, the Supreme Court granted certiorari in two cases of interest to the business community: Separation of Powers—Authority of Congress to Target Specific Lawsuits + Bankruptcy Code—Safe-Harbor Transfers to Financial Institutions
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