Consumer Crossroads: Where Financial Services and Litigation Intersect

Read our blog post regarding the Office of the Comptroller Currency’s (OCC) amicus brief urging the Seventh Circuit to halt the Illinois Interchange Fee Prohibition Act (IFPA) before it takes effect on July 1, 2026.

Learn how to prepare for the new licensing application requirement under California's Digital Financial Assets Law before the July 1, 2026, deadline.

Read our key compliance insights from a significant DOJ settlement with a major car retailer over allegations that the company repossessed vehicles from active-duty servicemembers.

Read our new Consumer Crossroads blog written by partner Jim Sandy, where Jim discusses a recent case where the Ohio Eighth Appellate District found that a party could not circumvent the statutory timeframe to seek to vacate an arbitration award.  

Watch our video discussion diving into the new regulatory landscape under NYC’s Department of Consumer and Worker Protection, including enforcement priorities against junk fees, subscription traps, and unfair interface designs.

Read the implications of the US Supreme Court’s ruling that the erroneous dismissal of a non-diverse defendant does not cure jurisdictional defects that existed at the time of removal—making federal court removal potentially more challenging for defendants.

Read our blog post examining the FTC's recent lawsuit against an online Q&A service for its alleged deceptive subscription practices. This case highlights the importance of transparency in subscription models and provides key compliance obligations for businesses marketing goods and services online. 

Read how the US Supreme Court is set to define “consumer” under the VPPA, reshaping tracking‑tool class actions and signaling broader compliance risks for the consumer financial services industry.

Read how a Hinshaw legal team led by partners Ellis Oster and Robert Bailey recently helped secure the first-ever appellate-level ruling in New York addressing sanctions for the misuse of generative AI in legal submissions.

Learn what would change under the CFPB’s proposal to delete disparate impact references from Regulation B and its Official Staff Commentary, refine the discouragement standards, impose new SPCP restrictions, and what to watch for and remain mindful of if the proposed rule is adopted in the form proposed.

Read our blog post reviewing Commissioner Khalil “KC” Mohseni’s recent remarks about the California Department of Financial Protection and Innovation’s (DFPI) regulatory priorities.

Read how New York’s FAIR Act expands consumer protection to unfair and abusive practices, broadens the Attorney General’s enforcement authority, and raises compliance risks for businesses in the state.

Discover what the CFPB–MoneyLion settlement means for Military Lending Act compliance and why the order’s treatment of membership fees and MAPR could be inconsistent with the MLA regulation. 

Read the implications of a Minnesota appellate court ruling that broadens what counts as a “collection agency” and where activity occurs “in Minnesota.”

The Rhode Island Supreme Court ruled that mortgagees can foreclose without possessing the original promissory note. Learn what the Porch Swing case means for lenders, servicers, and borrowers.

A recent ruling by the US Court of Appeals for the First Circuit could signal heightened exposure for lenders and servicers to state escrow-on-interest statutes, along with greater litigation risk.

Explore how a debtor’s intent to surrender collateral in bankruptcy impacts foreclosure litigation, including judicial estoppel arguments and court guidance for mortgage lenders.

Ensure your business is prepared to comply this holiday season by understanding the new state laws imposing updated gift card sale requirements.

Read our recap of the New York Court of Appeals’ arguments over FAPA retroactivity and what to watch for with the court’s upcoming decision that could reshape foreclosure timelines.

Discover how New York's new 90-day pre-foreclosure notice requirement impacts condo boards and HOAs, including essential details on compliance and changes to foreclosure procedures.