« Baseball Contract Liabilities: A-Rod? | Main | A Change in Name and More »

Challenge to CFPB Authority

posted by Bob Lawless
In the wake of the D.C. Circuit's decision striking down recess appoints, Carter Dougherty at Bloomberg reports what may be the first example of a defendant raising the CFPB's lack of authority as a defense in an enforcement proceeding. Stay tuned.

January 31, 2013 at 2:14 PM in Consumer Financial Protection Bureau

Comments

I don't think it is the first. This Wilmer Hale memo refers in footnote to a pending case in footnote 7:

http://www.wilmerhale.com/pages/publicationsandnewsdetail.aspx?NewsPubID=10737420171

Other sources you might find interesting on this subject are:
http://clsbluesky.law.columbia.edu/2013/01/29/implications-for-the-cfpb-after-the-d-c-circuits-recess-appointments-decision/
Which seems to be a Davis Polk memo appearing ona Columbia Law School website.

These links are not about the CFPB specifically but about the Noel Cnaning case.
http://thenecessaryandproperblog.blogspot.com/2013/01/intrasession-recess-appointments-case.html

http://thenecessaryandproperblog.blogspot.com/2013/01/larry-tribe-on-intrasession-recess.html

Posted by: mt | February 04, 2013 at 03:03 PM

The comments to this entry are closed.

Contributors

Current Guests

Follow Us On Twitter

Like Us on Facebook

  • Like Us on Facebook

    By "Liking" us on Facebook, you will receive excerpts of our posts in your Facebook news feed. (If you change your mind, you can undo it later.) Note that this is different than "Liking" our Facebook page, although a "Like" in either place will get you Credit Slips post on your Facebook news feed.

Categories

Archives

Bankr-L

  • As a public service, the University of Illinois College of Law operates Bankr-L, an e-mail list on which bankruptcy professionals can exchange information. Bankr-L is administered by one of the Credit Slips bloggers, Professor Robert M. Lawless of the University of Illinois. Although Bankr-L is a free service, membership is limited only to persons with a professional connection to the bankruptcy field (e.g., lawyer, accountant, academic, judge). To request a subscription on Bankr-L, click here to visit the page for the list and then click on the link for "Subscribe." After completing the information there, please also send an e-mail to Professor Lawless ([email protected]) with a short description of your professional connection to bankruptcy. A link to a URL with a professional bio or other identifying information would be great.

OTHER STUFF