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Consumer Financial Contracts California Financial Services Industry

Sheppard

California Court Rejects DFPI’s “True Lender” Allegations in Fintech-Bank Partnership Dispute

Sheppard on

On February 24, a California state court issued a preliminary decision granting summary judgement to a financial technology platform in litigation brought by the California Department of Financial Protection and Innovation...more

Orrick, Herrington & Sutcliffe LLP

California strengthens commercial financing laws

On October 6, the governor of California signed into law SB 362 to increase transparency in commercial financing disclosures. The act prohibits providers of commercial financing from using the terms “interest” or “rate” in a...more

Ballard Spahr LLP

Class Actions Are Testing the Limits of California Consumers’ “Right to Gripe”

Ballard Spahr LLP on

On September 9, 2014, then-Governor Jerry Brown of California signed into law Assembly Bill No. 2365. The law, which went into effect in January of 2015, prohibits contracts for the sale or lease of consumer goods from...more

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