Practice - Subpractice
State Attorneys General > Consumer Financial Protection Bureau (CFPB)
We have been working on enforcement, supervisory, and rulemaking matters with the CFPB since its inception in 2011. We have a long history of helping clients in all segments of the consumer finance and fintech industries navigate CFPB information...
Practice
Providers of consumer credit face heightened scrutiny from government regulators and consumer advocates, with the risk of stiff enforcement penalties and reputational damage from accusations of discriminatory lending practices.Our Fair Lending team...
Practice - Subpractice
Finance > Public Finance + Nonprofit Lending
We have provided comprehensive legal services to participants in public finance transactions for more than 30 years. We have acted as counsel to numerous issuers, underwriters, bank direct purchasers of bonds, credit and liquidity providers, trustees...
Practice
Clients navigating sophisticated finance matters trust us to proactively assess risk, evaluate the business impact and recommend creative solutions. We have experience handling all types of lending transactions, including those with unusual terms and...
Practice
Lenders and venture debt financing clients in the technology space rely on us for all aspects of their financing transactions with early, middle, and late-stage technology companies. Our experience over the past 25 years handling transactions -...
Industry
Industry - Subindustry
Consumer Financial Services > Student Lending
As student loan debt recently passed $1 trillion, we have the experience helping companies involved in student lending face an array of legal and regulatory challenges. We understand that when defaults rise, so do new and creative challenges to loan...
Industry - Subindustry
Consumer Financial Services > Auto Finance
Troutman Pepper's consumer financial services practice maintains a dedicated Auto Finance Group that specifically focuses on indirect and direct automotive lending, as well as leasing and subscription/rental programs. The Auto Finance Group has broad...
Industry - Subindustry
Consumer Financial Services > Consumer Law Compliance
Our regulatory compliance practice provides collaborative, seamless guidance that helps identify and minimize a company's overall compliance risks, whether such risks require comprehensive compliance counseling, confronting state and federal...
04.24.24
Podcasts
Navigating Facility Relocation: Legal and Practical Considerations
This episode of Regulatory Oversight spotlights a recent episode of The Consumer Finance Podcast, "Navigating Facility Relocation: Legal and Practical Considerations," featuring David Dove from our Regulatory Investigations, Strategy + Enforcement...
04.18.24
Podcasts
Overruling Chevron: A Potential Double-Edged Sword for the Financial Services Industry
In this episode of The Consumer Finance Podcast, Chris Willis is joined by Partners David Anthony and David Dove to discuss the potential implications of the Supreme Court overruling the Chevron case. This case established the principle of deferring...
04.18.24
Articles + Publications
Troutman Pepper State Attorneys General Monitor — April 18, 2024
State attorneys general increasingly impact businesses in all industries. Our nationally recognized state AG team has been trusted by clients for 20 years to navigate their most complicated state AG investigations and enforcement actions.State...
04.16.24
Articles + Publications
California's AB 3129: Implications for Private Equity Investments in Physician Practices
A recently introduced California Assembly Bill (AB 3129), targeting private equity (PE) physician practice investments, is currently making its way through the legislative process. Introduced by California Attorney General (AG) Rob Bonta and Assembly...
04.11.24
Speaking Engagements
2024 Credit and Collection News Annual Conference
Thursday, April 11 • 1:30 – 5:00 p.m. PTWe are pleased to announce that Troutman Pepper attorneys Clay Friedman, Mike Yaghi, Chris Carlson, and Jonathan Floyd will be presenting during the Credit and Collection News Annual Conference at the Fairmont...
04.23.24
Environmental Law and Policy Monitor
PFAS Designated as CERCLA Hazardous Substances
On April 19, the U.S. Environmental Protection Agency (EPA) released a pre-publication version of the long-awaited final rule designating two per- and polyfluoroalkyl substances (PFAS) as “hazardous substances” under the Comprehensive Environmental...
04.18.24
Consumer Financial Services Law Monitor
Overruling Chevron: A Potential Double-Edged Sword for the Financial Services Industry
In this episode of The Consumer Finance Podcast, Chris Willis is joined by Partners David Anthony and David Dove to discuss the potential implications of the Supreme Court overruling the Chevron case. This case established the principle of deferring...
04.17.24
Regulatory Oversight
New York Secures $1M Settlement With Northwell Health Related to COVID-19 Testing Charges
On April 12, New York Attorney General (AG) Letitia James announced that her office has reached a settlement with Northwell Health, New York’s largest health care network, related to allegations of misleading billing practices involving COVID-19...
04.17.24
Consumer Financial Services Law Monitor
CFPB Updates Risk-Based Nonbank Supervision Designation Process
Yesterday, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a procedural rule streamlining the designation proceedings for nonbank supervision based on a particular entity posing “risks to consumers.” As discussed in “Our Take” below...
04.15.24
Regulatory Oversight
Monitorships – A Resource for AGs and Regulated Businesses Alike
Recently, a matter involving the North Carolina Attorney General (AG) Josh Stein made headlines when it was announced that Affiliated Monitors Inc. would take over monitorship of HCA Healthcare. This relates to HCA’s compliance with the conditions...
With a proud tradition dating back to 1926, the Richmond office serves local, regional, national, and international clients, and provides the full complement of practices necessary to meet their most important legal and lobbying needs. Our clients...
Located midway between North Carolina’s internationally known Research Triangle Park and the state capitol, the attorneys in our Raleigh office serve clients with interests, operations, and headquarters across North Carolina, nationwide and...
Troutman Pepper is proud of its long history with the vibrant and diverse city of Atlanta. The firm has been a vital part of the growth and development of the Atlanta area as well as the state of Georgia.Our attorneys provide national and...
Consumer Financial Services Year in Review and A Look Ahead
Chris Willis, co-chair of the CFS Regulatory Practice, Announces the Publication of the 2023 CFS Year in Review and A Look AheadTroutman Pepper's Consumer Financial Services Practice Group consists of more than 140 attorneys and professionals...
Diversity, Equity + Inclusion Initiatives
Our firm implements programs and initiatives to help build a more diverse future and gain a better understanding of the important and unique issues faced by each of our respective communities. Through cross-collaborative effort, we dive deeply into...