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New Disclosure Requirements for Florida Resorts and Food Establishments
Described as a law to make it easier to remove hotel guests who have not paid their bills, Florida Bill SB 606 (“the Bill”) includes...
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The Consumer Financial Services Litigation Practice of Foley & Lardner LLP represents and counsels consumer lenders and creditors in litigation and regulatory matters.Search Insights
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Is Your Company Prepared for the FTC’s Junk Fees Rule, Effective May 12?
On May 5, 2025, the Federal Trade Commission published FAQs aimed at providing consumers and businesses with information regarding the agency’s Rule on Unfair or Deceptive Fees banning so-called “junk fees,” which takes effect on May 12, 2025.
Will Supreme Court Punt on Circuit Split Over Article III Standing in Class Actions?
On April 29, 2025, the Supreme Court heard argument on an issue that has divided the circuits: “Whether a federal court may certify a class action pursuant to Federal Rule of Civil Procedure 23(b)(3) when some members of the proposed class lack any Article III injury?”
Delaware’s Fight to Remain Preeminent Home for Corporations
Delaware is feeling the pressure of backlash from resident corporations over recent decisions by the Delaware Court of Chancery in stockholder litigation, as well as from significant competition from other states, like Texas and Nevada, which are making material changes to their respective corporate laws to attract corporations looking for a friendlier new home state.
No Harm, No Foul: Greenwashing Lawsuit Dismissed for Lack of Article III Standing
It is well-settled that under Article III of the Constitution, United States federal courts are limited to trying “cases and controversies.”
CFPB, FDIC, and OCC Updates: Firings, Appointments, and Potential Consolidation
We previously reported on changes to leadership at the Consumer Financial Protection Bureau (CFPB), the halt of all activities at the CFPB, and the impacts to the financial services industry.
New Consumer Financial Protection Bureau Acting Director Expands Freeze to All CFPB Activities; CFPB Office Closes
On Friday, February 7, 2025, President Trump named newly confirmed director of the Office of Management and Budget, Russell Vought, as acting director of the CFPB.
Treasury Secretary Bessent Heads Consumer Financial Protection Bureau, Immediately Orders Freeze of CFPB Activities
On Saturday, February 1, 2025, it was announced that President Donald Trump had removed Rohit Chopra as director of the Consumer Financial Protection Bureau (CFPB).
Federal Communications Commission’s One-to-One Consent Rule Under Telephone Consumer Protection Act Vacated Day Before Rule Set to Take Place
On Monday, January 27, 2025, the One-to-One Consent Rule promulgated by the Federal Communications Commission a year ago, on December 18, 2023, was set to go into effect.