Marketplace Lending: Update on Litigation Developments

Tuesday, October 13, 2020
01:00 PM - 02:00 PM Eastern Daylight Time
12:00 PM - 01:00 PM Central Daylight Time
10:00 AM - 11:00 AM Pacific Daylight Time

The last several months have seen some of the most significant litigation and regulatory developments affecting marketplace lending since the Second Circuit’s 2015 decision in Madden v. Midland Funding. This webinar will cover the current state of litigation that has fundamental implications for all participants in the marketplace lending industry, from originating banks to partner fintechs to the securitization industry, including:

  • The FDIC and OCC “valid when made” rules and the state attorneys general lawsuits challenging those rules
  • The decision and settlement in the State of Colorado’s actions against certain marketplace lenders
  • Recent dismissal of the Peterson case, the first decision giving Chevron deference to the new OCC rule

CLE credit: CLE credit in CA, FL, IL, NJ (via reciprocity), NY, PA, TX, and VA is currently pending approval.