News & Analysis as of

Annual Fees

Ballard Spahr LLP

CBA issues second blog post countering CFPB information about CARD Act report

Ballard Spahr LLP on

The Consumer Bankers Association has issued the second blog post of its four-part “Facts Matter” blog series. In the second blog post, CBA “explains how the [CFPB’s] public statements can mislead market observers by painting...more

Goodwin

Third Circuit Upholds Dismissal of TILA Claim Based on Failure to Itemize Annual Credit Card Renewal Notice Fees

Goodwin on

On Tuesday, April 11, 2023, a three-judge panel of the United States Court of Appeals for the Third Circuit affirmed the dismissal of a putative class action alleging that JP Morgan Chase Bank, N.A. (Chase) failed to itemize...more

Linda Liu & Partners

The Utility Model System in China

Linda Liu & Partners on

Utility model is a cost-effective way to protect your intellectual property in China. It has advantages of being fast, cost-saving and high granting rate. But it should be note that the protection period for utility models...more

BCLP

Retailers Face Class Action Lawsuits Based on Automatic Renewal of Fee-Based Loyalty Programs

BCLP on

Retailers are being targeted by class action lawsuits alleging that automatic renewal of loyalty programs requiring an annual fee violates California law. In the past year and a half, more than 100 lawsuits have been filed...more

McDermott Will & Emery

Weekly IRS Roundup September 2 – 6, 2019

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of September 2 – 6, 2019. September 3, 2019: The IRS issued a notice in which it released the...more

Hudson Cook, LLP

The Sun Also Rises on Annual Fees for New York Licensed Lenders

Hudson Cook, LLP on

In our February issue of Insights we highlighted the impending sunset of provisions in the New York Licensed Lender Act permitting the assessment of annual fees on open-end lines of credit. As referenced in that article, if...more

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