Practising Law Institute's 14th Annual Consumer Financial Services Litigation Institute

Click here for the official seminar website and registration form. (Chicago, IL)

Why You Should Attend

Litigation against banks and other consumer financial services providers has exploded. The meltdown of the subprime mortgage lending industry and its profound impact on the U.S. and world economy have resulted in an onslaught of litigation against lenders, servicers, investment banks and rating agencies. In reaction to the rise in foreclosures, we have already seen new legislation and regulations that create additional complexity, and more litigation and changes to the law are sure to follow. The war over consumer arbitration also continues, with courts still deeply divided over the validity of class-action waivers. With significant changes in the political and economic landscape, we can expect a shift in both the legislative and regulatory approach to lenders, which will be felt in the courts as well. In this ever-changing environment it's important to keep track of the latest developments. At this year's Institute, our stellar faculty of plaintiffs' lawyers, defense counsel, regulators, consumer advocates and law professors will explore the cutting-edge legal and regulatory issues facing the consumer financial services industry and the lawyers whose work affects the industry.

What You Will Learn

- Analyze the impact of the new federal rules regarding unfair and deceptive mortgage and credit card practices
- Identify the types of lawsuits being brought in the aftermath of the subprime mortgage meltdown
- Examine the impact of the attorneys general and other regulatory investigations into lending industry practices
- Explore recent developments in the wide range of consumer finance litigation involving credit cards and retail deposit accounts
- Get updates on the latest developments involving the Class Action Fairness Act (CAFA) and state Unfair and Deceptive Practices (UDAP) statutes
- Forecast the future of class-action waivers in arbitration agreements
- Study the implications of significant opinions regarding federal preemption

Who Should Attend

Bankers, lenders and lessors involved with consumer financial services and the lawyers who defend or sue them; lawyers who counsel financial institutions, insurance companies, loan servicers, loan brokers, debt collectors and credit bureaus on litigation and compliance issues.

Julia B. Strickland, Partner
Stroock & Stroock & Lavan LLP