Last night, the Mount Holly town council met to discuss the tentative settlement in Township of Mount Holly v. Mt. Holly Gardens Citizens in Action, Inc. We understand that due to issues concerning the language of the proposed settlement agreement, the council did not vote on the settlement. It is expected that these issues will be resolved in the next few days and the settlement will be approved by the council. … Continue Reading
In a reprise of their debate at the January 2013 meeting of the American Bar Association’s Consumer Financial Services Committee, C. Boyden Gray and Deepak Gupta will be debating the constitutionality of the CFPB and Richard Cordray’s recess appointment as CFPB Director this afternoon at Georgetown Law. Mr. Gray is former White House Counsel to President George H.W.… Continue Reading
Deepak Gupta, who was recently Senior Counsel in the Consumer Financial Protection Bureau, will join attorneys from Ballard Spahr’s Consumer Financial Services Group in a November 21 webinar about the CFPB’s amicus program. The webinar, The CFPB’s Amicus Program: Its Implications and Potential Impact, will focus on the program from both industry and consumer perspectives.… Continue Reading
We think two posts by Deepak Gupta that recently appeared on the Consumer Law & Policy Blog make for interesting reading.
Last July, on our blog, we wrote about how the hiring of Mr. Gupta by the CFPB’s Office of General Counsel might impact the CFPB’s position on the use of arbitration in consumer financial services contracts.… Continue Reading