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National Law Journal

Goodwin Procter Grabs Anthony Alexis, Formerly CFPB's Enforcement Chief

Anthony Alexis, the former enforcement director of the Consumer Financial Protection Bureau, is joining Goodwin Procter, where he will lead the firm's consumer financial services enforcement practice as a partner. Goodwin Procter was among several firms that recently had expressed interest in hiring a top official from the Obama-era agency, whose leadership was thrown into tumult over the weekend. Two acting directors of the agency, replacing Richard Cordray, have assumed power.
5 minute read

National Law Journal

U.S. Justice Dept., Under Jeff Sessions, Opens New Front Against the CFPB

The relationship between the U.S. Justice Department and Consumer Financial Protection Bureau, already fraught under the tenure of U.S. Attorney General Jeff Sessions, moved to even shakier territory when the two agencies staked out opposing positions over the rightful successor to Richard Cordray.
6 minute read

National Law Journal

Who's Leading the CFPB? Trump Tees Up Clash Over Acting Director

Richard Cordray named Leandra English, the Consumer Financial Protection Bureau's chief of staff, as deputy director—putting her in place to become acting director. The White House moved to block the appointment, naming Mick Mulvaney, director of OMB, as the leader of the Obama-era agency.
4 minute read

New York Law Journal

Corrections Dept. Is Reviewing Parole Appeals Handled by Phony Lawyer

The state's Department of Corrections and Community Supervision has been reviewing parole appeals handled that were handled by an Albany resident who was convicted for fraudulently posing as a lawyer. Antonia Barrone, who is not a licensed attorney, was sentenced to one-and-a-half to three years in state prison on criminal charges earlier this month.
2 minute read

The Recorder

Uber's Concealed Cyber Breach Tests California's Public Notification Law

Uber Technologies Inc.'s admission Tuesday that it waited a year to disclose a massive data breach could put the company in the crosshairs of a California law that mandates prompt notification—both to the public and to state regulators—of significant cyberattacks.
9 minute read

Daily Business Review

Nursing Home Tells Congress Irma Deaths Not Staff's Fault

Rehabilitation Center at Hollywood Hills attorney Geoffrey D. Smith told the House Energy and Commerce Committee that employees followed proper procedures between the air conditioner losing power on Sept. 10 and when the deaths began Sept. 13.
4 minute read

New Jersey Law Journal

Homeowner Association Not Bound by Buyers' Arbitration Agreement With Builder

A New Jersey appeals court set aside an order by a Superior Court judge compelling arbitration in a suit against U.S. Home Corp. by the Greenbriar Oceanaire Community Association.
8 minute read

National Law Journal

What Lawyers Are Saying About Richard Cordray's CFPB Departure Plans

We reached out to financial services lawyers for their thoughts—and predictions—on the news of CFPB Director Richard Cordray's imminent departure. Here's a roundup of what lawyers are talking about.
23 minute read

National Law Journal

CFPB Director Richard Cordray Will Step Down Before End of November

Richard Cordray is stepping down as the director of the Consumer Financial Protection Bureau after spending more than five years building up the Obama-era agency from scratch and fostering it into a powerful regulator.
5 minute read

New York Law Journal

Venable Counsel Discusses Financial Regulatory Landscape Since Trump Election

The New York Law Journal spoke with Venable counsel Alexandra Megaris, whose practice focuses on financial regulatory matters involving state attorneys general, regulatory agencies and the Consumer Financial Protection Bureau, about changes since President Donald Trump took office a year ago.
5 minute read

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