News & Analysis as of

Truth in Lending Act (TILA) Sovereign Immunity

Dorsey & Whitney LLP

Court Enforces CFPB Civil Investigative Demand Against Tribal Lending Entity; Rejects Argument that Tribal Sovereignty Precludes...

Dorsey & Whitney LLP on

On January 20, 2017, in CFPB v. Great Plains Lending, a three-judge panel of the Ninth Circuit Court of Appeals upheld the Consumer Financial Protection Bureau’s civil investigative demands for documents from lending...more

Robins Kaplan LLP

DOJ Takes On Tribal Lending: Inside The Indictments

Robins Kaplan LLP on

In recent months, the attention of the tribal lending industry has focused on the Consumer Financial Protection Bureau’s emerging role in regulating short-term loans from sovereign tribal nations, but a new and even more...more

Ballard Spahr LLP

Owner of Payday Lenders, Attorney Hit with Federal Criminal Indictment

Ballard Spahr LLP on

A man alleged to be the owner and operator of a group of payday-lending companies and an attorney alleged to have submitted false affidavits and structured sham arrangements have been indicted by a federal grand jury in New...more

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