Attorneys in our Cleveland office concentrate on consumer financial services, commercial litigation, and transactional matters. We provide national representation to financial institutions and corporations, and serve as special and local counsel. Given Ohio’s highly regulated business climate for financial institutions and lenders, our Cleveland-based attorneys also closely monitor the regulatory developments, litigation trends, and emerging legislation that often impacts the course of business for our clients in the financial services industry.
Attorney Published ArticleE-signed contracts are great, but how do I know who actually signed it?
July 27, 2021
While online motor vehicle sales and financing transactions were already prevalent before COVID-19, the pandemic accelerated the growth of that sector.
AlertWhat does the Homaidan case change about private student loans in bankruptcy?
July 21, 2021
The non-dischargeability of private student loans in bankruptcy proceedings has long been assumed to be almost absolute, but a July 15, 2021 decision by the U.S. Court of Appeals for the Second Circuit suggests that is not always the case.
Attorney Published ArticleConstitutionality of the TCPA Between 2015 and 2020
July 20, 2021
Gregg D. Stevens and Stefanie L. Deka co-authored an article regarding whether the TCPA was constitutional between the enactment of the government-debt exception in 2015 and the AAPC decision in 2020.
The Bullet Point: An Ohio Commercial Law BulletinIs my oral agreement enforceable?
July 14, 2021
Promissory Estoppel Faith Lawley, LLC v. McKay, 12th Dist. Warren No. CA2020-08-052, 2021-Ohio-2156 In this appeal, the Twelfth Appellate District affirmed the trial court’s decision, agreeing that there was no evidence the plaintiffs ever made a clear and unambiguous promise on which the defendant could have reasonably relied to support a promissory estoppel claim. TheMore
McGlinchey News ReleaseMcGlinchey Announces New Governance Structure, Policy Committee Members
July 12, 2021
McGlinchey Stafford is pleased to announce that it has updated the structure of its governing committees, and announces the new composition of its executive Policy Committee.
McGlinchey in the NewsMitigating reputational risk amid resumed MLA examinations by the CFPB
July 8, 2021
Member Robert Savoie (Cleveland) was quoted in a July 7 article in Auto Finance News detailing the risks auto lenders may encounter now that the CFPB plans to resume Military Lending Act (MLA) related examinations, which have been suspended since 2018.
McGlinchey in the NewsNYC Ride-Hailing, Taxi Turf War Stalls Revel’s EV Push
July 1, 2021
Member and Financial Services Compliance attorney Jason Bichsel was quoted in a Law360 article regarding the recent New York City Taxi and Limousine Commission vote to eliminate a provision exempting electric vehicles from 2018 regulations that capped the number of new for-hire vehicle licenses issued to drivers of app-based ride-hailing providers. The vote underscores challenges cities have in balancing the myriad concerns of the legacy taxicab industry with app-based urban mobility companies.
Attorney PresentationCompliance considerations and changing mobility trends with McGlinchey’s Jason Bichsel
July 1, 2021
Member Jason Bichsel of the Consumer Financial Services Compliance team presented a webinar through Auto Finance News that was published June 29, 2021. In this conversation, Jason discussed compliance considerations for short-term leasing programs, subscription services, implications of Regulation M in digital marketing, and other topics.
McGlinchey News ReleaseMcGlinchey Stafford Welcomes Five Summer Associates Nationwide
June 30, 2021
McGlinchey is pleased to welcome five summer associates to work alongside our attorneys firmwide.
AlertBig Win for Small Refineries
June 28, 2021
On June 25, 2021, the U.S. Supreme Court sided with small oil refineries by making it easier for the companies to win exemptions from the existing mandate that they mix ethanol and other renewable fuels into gasoline and diesel, known as the Renewable Fuel Program (RFP). When these mandates were adopted in 2005 and 2007, Congress granted temporary exemptions to small refineries and authorized those refineries to apply for extensions at any time.