Consumer Finance Litigation: Trends, Updates, and Challenges Amid the COVID-19 Pandemic
The consumer finance industry has been shifting because of the challenges brought by the COVID-19 pandemic. The crisis instigated a profound economic impact on consumer finance companies and spurred financial disputes and litigation. As regulatory and enforcement agencies continue their initiatives to counter the pandemic’s adverse impact, more litigation is expected to arise.
To avoid pitfalls, consumer finance companies must keep themselves in the loop of all emerging developments. They must also secure effective and efficient litigation tools to ensure success in this type of lawsuit.
Join a panel of key thought leaders and distinguished professionals assembled by The Knowledge Group as they present the audience with a comprehensive discussion of the current and emerging developments in consumer finance litigation. Speakers will also discuss common red flags and challenges during the pandemic and offer best practices to avoid pitfalls in this evolving legal climate.
This LIVE Webcast will discuss the following:
- Regulatory Trends and Developments in Consumer Finance
- Recent Enforcement Initiatives
- Litigation Challenges
- Risk Mitigation Strategies
- Best Litigation Tools
- What Lies Ahead
McGlinchey Stafford PLLC
McGlinchey Stafford PLLC
K&L Gates LLP
Who Should Attend:
- In-house Counsel
- Financial Advisors
- Business Executives
- Compliance Officers
- Finance Management Officers
- Arbitrators & Mediators
Shanna Boughton defends banks, loan servicers, commercial lenders, and financial institutions in complex litigation and bankruptcy matters, with a primary focus on lender liability defense, complex commercial litigation, insurance defense, and creditors' rights work. She has extensive experience with both class and individual actions, representing lenders relating to fraud, unfair lending, mortgage backed securities, residential and commercial foreclosures, title matters, and commercial loan workouts in State and Federal courts. She routinely represents clients in consumer protection claims arising from the Fair Credit Reporting Act (FCRA), Telephone Consumer Protection Act (TCPA), and the Fair Debt Collection Practices Act (FDCPA). Shanna also defends commercial clients in professional and general liability matters and casualty claims. With previous experience representing debtors in Chapters 7 and 13 bankruptcy matters, Shanna's practice also includes defending creditors in a variety of commercial and consumer bankruptcy proceedings. Licensed in Massachusetts, Michigan, Rhode Island, and Puerto Rico, Shanna offers unparalleled knowledge of financial regulations and commercial law across a considerable platform. She is also a certified mediator.
Shanna Boughton defends banks, loan servicers, commercial lenders, and financial institutions in complex litigation and bankruptcy matters, with a primary …
Kerry Ann Cummings has more than a decade of experience representing financial institutions in litigation matters involving mortgage foreclosures, creditors’ rights, real estate, and title issues. Kerry has hands-on knowledge of every facet of litigation, from initial case assessment and strategy development through to negotiating a settlement and/or taking a case to trial. She has taken and defended dozens of depositions, drafted numerous motions, and negotiated hundreds of settlements. She approaches each case as an individual situation and strives to take a business-oriented approach to her work, seeking to resolve matters as quickly as possible when appropriate, and at the lowest cost to her client in funds, time, and attention.
Kerry Ann Cummings has more than a decade of experience representing financial institutions in litigation matters involving mortgage foreclosures, creditors’ …
Sean Higgins is a partner with K&L Gates in their Boston office. He focuses his practice on consumer financial services litigation, where he represents banks, mortgage lenders, mortgage loan servicers, and automotive finance companies in consumer class actions, individual plaintiff lawsuits, and appeals in federal and state courts throughout the United States. Cases frequently involve challenges under federal statutes, including the federal Real Estate Settlement Procedures Act, the Truth in Lending Act, the Fair Debt Collection Practices Act, and the Fair Credit Reporting Act, as well as claims under state unfair and deceptive acts and practices statutes and common law. In addition to his consumer financial services work, Sean regularly represents creditors in bankruptcy and insolvency proceedings. He has represented lenders, master servicers, and special servicers enforcing secured and unsecured loan obligations, and has been involved in a variety of complex commercial workouts and in- and out-of-court restructurings.
Sean Higgins is a partner with K&L Gates in their Boston office. He focuses his practice on consumer financial services …
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Method of Presentation:
On-demand Webcast (CLE)
NY Category of CLE Credit:
Areas of Professional Practice
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About McGlinchey Stafford PLLC
With 15 offices nationwide, McGlinchey serves businesses of all scopes and sizes in more than 40 practice areas, including class action defense; commercial litigation; consumer financial services; corporate and transactional; government and internal investigations; insurance regulation, compliance, coverage, and litigation; intellectual property; labor and employment; products liability; public finance; and real estate, among others.
What sets McGlinchey apart is our comprehensive representation for financial services clients. Our litigators are complemented by a robust team of consumer finance compliance attorneys, who have detailed knowledge of federal and state regulatory positions, and maintain relationships with regulators nationwide. Together, McGlinchey's Consumer Financial Services Compliance and Litigation Practice Groups hold one of only 11 national rankings in 2020 by Chambers U.S.A., the industry leader in research-based directories for the legal profession. Accordingly, McGlinchey is at the forefront regarding all of the complex issues facing the financial services sector.
About K&L Gates LLP
K&L Gates fosters an inclusive and collaborative environment across their fully integrated global platform that enables them to diligently combine the knowledge and expertise of their lawyers and policy professionals to create teams that provide exceptional client solutions. They maintain one of the most prominent global financial services practices — with more than 170 lawyers representing diversified financial services institutions and their affiliated service providers. Litigation is an integral part of this practice and their competitive advantage is the scope and depth of their litigation experience combined with the substantive knowledge of consumer credit issues. They remain at the forefront of tracking developments and breaking issues of the day, maintaining the Consumer Financial Services Watch and TCPA Watch blogs focused on challenges affecting consumer financial service providers.