December 1, 2021


Truly Business

Week Forward in Banking: Could 24, 2021

2 min read

Here are some impending gatherings of fascination to the banking law neighborhood. Unless if not observed, all situations are area, and court docket appearances are digital due to the COVID-19 pandemic.

Monday, May possibly 24

1:00 p.m. – Immigration products and services company Nexus Products and services Inc will urge U.S. District Choose Elizabeth Dillon in Harrisonburg, Virginia, to dismiss a lawsuit by the U.S. Purchaser Money Protection Bureau alleging that the firm defrauded immigrants detained in the U.S. who sought help with bail. The organization has argued the CFPB has no jurisdiction for the reason that insurance policies regulators presently have made comparable promises in prior steps.

The circumstance is CFPB et al. v. Nexus Expert services Inc et al., No. 21-cv-00016, U.S. District Court docket, Western District of Virginia. For Libre: Mario Williams of NDH. For the CFPB: Hai Binh Nguyen and Donald Gordon.

Thursday, Could 27

9:30 a.m. – U.S. District Choose Andrew Carter Jr in Manhattan will maintain a position meeting in a proposed course motion by prospects alleging Financial institution of America did not inform them that initiating a money transfer from the recipient’s account would let them to avoid charges for outgoing revenue transfers. The financial institution has stated it will go to dismiss the case for failing to state a claim beneath 3 states’ purchaser protection legislation.

The circumstance is Bruin et al v. Lender Of The usa, N.A., U.S. District Courtroom, Southern District of New York, No. 1:21-cv-02272. For Financial institution of America: Robin Muir of Goodwin Procter. For the consumers: Andrew Shamis of Shamis & Gentile.

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