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Specialty Group: Financial Institutions and Markets

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Member Articles


Equal Credit Opportunity Act and Regulation B Violated; Guarantor-Spouse Released from Guaranties

Contact: John Walsh; Spencer Fane Britt & Browne LLP (Missouri, USA) Under the Equal Credit Opportunity Act (15 U.S.C. §1691 et seq. (ECOA)), a creditor may not discriminate against a credit applicant “with ...

An Entrepreneurial Recession

Contact: Clarkslegal (Reading, England) Following the collapse of the global economy in 2007, entrepreneurship has become a go-to concept for the private and public sectors alike.  With the American presidential el ...

New York Plaintiffs’ Firm Sues Illinois Banks For Overdraft Fees & Transaction Reordering

Consumer Account Agreements, Rules and Regulations Covering ATM and Debit Cards Require Attention as a Result of New Class Action Filings Against Banks in Illinois. ...

Do I Have to Pay Overtime? The Fair Labor Standards Act and the Financial Services Industry

BY: DAVID C. BURTON & IGOR M. BABICHENKO; Williams Mullen (North Carolina and Virigina, USA) The number of Fair Labor Standards Act (“FLSA”) lawsuits continues to increase with no signs of slowing down. In the annua ...

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