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Entries tagged “Banking And Financial Services”

Consumer Financial Protection Bureau Arbitration Rule Overturned by Senate Action

Insight John R. Mussman John R. Mussman · November 01, 2017
Rimon Partner John Mussman discusses the Senate’s vote to scuttle the Consumer Financial Protection Bureau’s arbitration rule. The arbitration rule restricted financial service companies from forcing customers into arbitration, made it easier for customers to sue banks and financial firms and arguably would have encouraged class

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New California Finance Lender Licensing and Residential Mortgage Lending Act Regulations Effective September 28, 2016: Financial Institution Subsidiaries and Affiliates Now Subject to Licensure!

Insight John R. Mussman John R. Mussman · September 07, 2016
The California Finance Lenders Law exempts banks, thrifts and certain other financial institutions from its licensing requirements imposed on finance lenders and brokers.1 Similarly, the California Residential Mortgage Lending Act exempts banks, trust companies, savings and loan associations and other thrifts2 from its licensing requirements.3

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Interplay Between Russian Bankruptcy and American Fraudulent Transfer Law

Insight June 30, 2016
This article was published in the Russia and Eurasia Committee - Legislation Updates and News on the January-June 2016 edition. Ms. Egan describes two major differences between Russian bankruptcy and American bankruptcy: (1) the initial treatment of creditors’ claims and the burden of proof to establish them; and (2) the ability

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Rimon Law Adds Banking and Financial Services Attorney, John Mussman, to Chicago Office

News January 27, 2016
John Mussman joins Rimon from Reed Smith. Mr. Mussman has received recognition from numerous publications and ranking agencies, including Chambers USA, and Chicago’s Best Lawyers®. Mr. Mussman represents banks, mortgage lenders, and other financial services providers, focusing on banking and commercial and consumer credit law. He also

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