Michael Thurman

Michael Thurman

Loeb & Loeb LLP

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California Court Denies Defendant's Challenge to CFPB Enforcement Authority

A California district court judge has denied a defendant's challenge to the authority of the Consumer Financial Protection Bureau to bring a civil enforcement action against the defendant in federal court. Judge Percy...more

7/22/2013 - CFPB Enforcement Actions Loan Modifications Recess Appointments Waivers

Confirmation of Director Cordray Could Substantially Increase CFPB Enforcement Activity

This week's Senate confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau could have immediate consequences for the CFPB's Enforcement Division and for businesses that have been accused of...more

7/18/2013 - CFPB Compliance Enforcement Actions Recess Appointments Richard Cordray

Supreme Court Will Resolve Questions About Obama Recess Appointments and CFPB Authority

As anticipated, the United States Supreme Court has granted certiorari in National Labor Relations Board v. Noel Canning, signaling the next chapter in the challenges that have been raised as to the legitimacy of certain...more

7/9/2013 - Barack Obama Canning v NLRB Certiorari CFPB FTC NLRB Recess Appointments Richard Cordray SCOTUS

Third Circuit Holds Another Recess Appointment Unconstitutional: Implications for the CFPB

Just two months after the District of Columbia Circuit Court of Appeals ruled in Canning v. National Labor Relations Board that President Barack Obama's January 2012 appointment of three new members of the National Labor...more

5/20/2013 - Canning v NLRB NLRB Recess Appointments

D.C. Court Holds President's Recess Appointments "Constitutionally Invalid," Raising Questions About CFPB's Exercise of Authority...

The U.S. Court of Appeals for the District of Columbia issued an opinion Jan. 25, 2013, that overturns President Barack Obama's recess appointments of three National Labor Relations Board members and opens the door to...more

1/30/2013 - Canning v NLRB CFPB NLRB Political Appointments Pro Forma Sessions Recess Appointments Richard Cordray

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