The Fair Credit Reporting Act: 2017 Trends, Developments and What Lies Ahead
Upon its effectivity, the Fair Credit Reporting Act (FCRA) has been regulating the consumer reporting industry and has been creating disclosure obligations on users of consumer reports to ensure a fair, timely and accurate credit information reporting. However, despite it covering a wide scope of industries and consumers, FCRA does not apply to commercial transactions more specifically to those involved in agricultural credit.
Under the new administration, modifications and alterations are expected to come. To avoid potential risks and pitfalls, companies, consumers and industry watchers should keep abreast of the developments surrounding this significant topic.
In this LIVE Webcast, The Knowledge Group, along with a remarkable professional will go beyond the basics and provide the audience with an in-depth analysis of the recent trends, developments and updates on the Fair Credit Reporting Act. The speaker will also present a sneak peek of what lies ahead the FCRA landscape.
Key topics include:
- The Fair Credit Reporting Act: A Legal Perspective
- Scope and Limitation
- Common Risks and Pitfalls
- Recent Court Decisions
- Trends, Developments and Updates
- FCRA in the 2018 Landscape: A Sneak Peek
Patrick G. Broderick , Shareholder
Greenberg Traurig, P.A.
- CFPB findings regarding credit reporting industry
- Split between federal circuits with respect to emotional distress damages claims
- Split between federal circuits with respect to actual damages under 1681i
J. Michael Hearon, Attorney
Quarles & Brady LLP
- Reporting Discharged Debt and Historical Data
- Attorney's Fees
- Consumer Reports for Employment Purposes
- Recent Class Actions
Who Should Attend:
- Employment Law Attorneys
- Litigation Officers
- In-house Counsel
- Top Level Management
- Public and Private Companies
- Banks and Other Financial Institutions
- Reporting Officers
Patrick G. Broderick focuses his practice on litigation related to claims arising out of federal consumer protection statutes, including the Real Estate Settlement Procedures Act, Truth in Lending Act, Fair Debt Collections Practices Act, Fair Credit Reporting Act, and Telephone Consumer Protection Act as well as various state consumer protection statutes. He is experienced defending companies against class action lawsuits asserting violation of consumer protection statutes, and overseeing company responses to government investigations initiated by state attorneys general and federal regulatory agencies relating to mortgage servicing practices.
Patrick G. Broderick focuses his practice on litigation related to claims arising out of federal consumer protection statutes, including the …
Michael is a member of the firm’s Commercial Litigation Practice Group. He focuses his practice on advising and defending financial institutions regarding lender liability and consumer protection issues. He has extensive experience with the FDCPA, FCRA, TILA, RESPA, TRID, TCPA, and various state consumer protection acts. Michael has also successfully handled a wide variety of commercial, products liability, catastrophic tort, and insurance bad faith litigation.
In 2013, Michael completed a full-time secondment where assisted with management of the litigation docket of a multinational corporation. He has first chair trial experience in multiple trials in state and federal courts.
In 2016, Michael was included in the National LGBT Bar Association's 2016 class of the 40 under 40 Best LGBT Lawyers.
Michael is a member of the firm’s Commercial Litigation Practice Group. He focuses his practice on advising and defending financial …
Print and review course materials
Method of Presentation:
Experience in commercial or debtor-creditor law
NASBA Field of Study:
Business Law - Technical
NY Category of CLE Credit:
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About Greenberg Traurig, P.A.
Greenberg Traurig is a law firm of approximately 2000 lawyers in 38 locations that's focused on helping businesses navigate change. Greenberg Traurig’s Financial Services Litigation Group has wide-ranging experience assisting national clients and local businesses in a variety of matters affecting the financial services industry. From handling individual claims to managing nationwide class actions, our national team of experienced litigators regularly advises and defends banks, mortgage lenders and brokers, credit card companies, debt collectors, payday lenders, consumer finance companies and other financial institutions in a variety of disputes in state and federal courts and in arbitration, as well as before governmental agencies.
About Quarles & Brady LLP
For 125 years, Quarles & Brady LLP has provided quality legal services to a wide range of industries on a national and international stage. We strive to learn our clients’ businesses—to see the horizons through their eyes. We don’t just counsel, but invest in the success of each client, partnering with them to achieve their business goals.
Quarles & Brady is a multidisciplinary AmLaw 200 legal services provider with nearly 500 attorneys practicing at the top of the profession in Chicago, Indianapolis, Madison, Milwaukee, Naples, Phoenix, Scottsdale, Tampa, Tucson, and Washington, D.C. Our national presence allows us to draw upon a group of highly skilled attorneys from all across the country to ensure the right people are working on our clients’ matters. We have extensive experience working with the full industrial gamut, from cutting-edge technology to traditional manufacturing.