Do Statues of Limitation Apply to the CFPB After All?
Partners David Anthony and Keith Barnett, and associate Massie Cooper had their Consumer Financial Services advisory – which was expanded – republished on Law360 on July 23, “ Do Statues of Limitation Apply to the CFPB After All?”
“A federal judge allowed the CFPB’s action against a debt collection law firm to proceed, establishing jurisdiction for the CFPB against attorneys,” the trio noted in an earlier summary. “Although the headlines concerning the case primarily focus on the fact that the court denied the motion to dismiss, [the case] may have achieved a victory for all persons and entities that the CFPB investigates for alleged violations of the federal consumer financial laws the bureau enforces,” they contend in the piece.