Presentation
McGlinchey Attorneys to Participate in 2025 ABA Business Law Spring Meeting
Read Time: 2 minsAttorneys from McGlinchey’s Financial Services Compliance, Financial Services Litigation, and Corporate/Real Estate Groups will participate in the American Bar Association (ABA) Business Law Spring Meeting in New Orleans, Louisiana, April 24 through April 26.
On Thursday, April 24, Adam Maarec (Washington, DC) will join a panel on “New CFPB Rules on Personal Financial Data Rights – Exploring their Impact on the Next Wave of Digital Banking.” The program will explore how the high-fidelity view of consumers’ financial data mandated by new rules from the Consumer Financial Protection Bureau can power innovation and improve consumer outcomes. Presenters will examine the rule’s novel reliance on industry standard-setters to determine consumer finance regulatory compliance obligations, explore the risks that increased data access and sharing bring, including privacy and data harvesting, as well as payments fraud, and discuss how to manage these risks.
Marshall Grodner (Baton Rouge) will co-chair the “Fund Finance and Asset-Based Lending Joint Subcommittee Meeting,” where substantive discussions covering specific business law topic areas or administrative discussions about the group’s work are planned. These meetings are open to all attendees and are an excellent opportunity for any member to get involved with the work of the committees and subcommittees.
Cole Hodge (Nashville) will coordinate CLE materials for the panel “Redlining Litigation and Enforcement in 2025 and Beyond.” This program will focus on the state of play with respect to litigation and enforcement in fair lending, with a particular focus on redlining enforcement litigation. Key discussion points include an update on the recent litigation and consent orders for residential redlining matters nationwide, methodologies used to allege intent in failure to seek applications from members of majority-minority census tracts, and whether statistical methodologies are a fair indicator of intent by a lender, the outlook on a path forward, and more.
Aaron Kouhoupt (Cleveland) is moderating “The Current State of Solar Financing.” Solar lending is attracting widespread attention from green energy advocates, policymakers, and regulators, including an August 2024 Issue Spotlight by the Consumer Financial Protection Bureau and various inquiries by state attorneys general. This program will provide an overview of the solar lending market, discuss enforcement, litigation, and regulatory developments against solar lenders, and identify best practices to mitigate risks arising out of the relationship between the finance partner and the solar installer.
On Friday, April 25, Sanford Shatz (Irvine) will co-present “All the President’s Men: A Look at Attorneys’ Ethical Duties in View of Recent Disbarments and Criminal Convictions.” This panel will explore attorneys’ duties to clients and the public, ethical boundaries permitting or preventing actions, professional conduct rules, and consequences of lawyers’ actions or inactions in monumental events.
On Saturday, April 26, Jim Sandy (Cleveland) will co-present “Consumer Financial Services Smorgasbord: A Look at Recent Regulatory and Decisional Activity.” This program will highlight various rulemaking, enforcement, and supervisory updates from the CFPB and FTC, including Junk Fees, FCRA Data Broker Rule, and Commercial Debt and Debt in Default (CFPB Medical Debt Bulletin). It will also discuss the end of Chevron deference one year later and how that has impacted agency oversight and interpretation of ambiguous statutes, with a focus on the financial services industry.