In a rapidly evolving financial landscape, understanding and adapting to emerging trends is crucial for success in consumer finance. Join Paul J. Lysobey, Consumer Finance Compliance Specialist at McGlinchey Stafford PLLC, in this live webcast as he delves into the latest developments and forecasts shaping the industry in 2025. He will address the unique challenges and opportunities that financial institutions and consumers face, providing actionable insights to navigate this shifting terrain.
Litigation regarding per- and polyfluoroalkyl substances has continued to evolve, from product liability to environmental litigation to consumer class actions. Recent and forthcoming regulations continue to add new dimensions, potentially impacting multiple areas of legal practice and a variety of industries. Particularly, these claims have reached across the supply chain, including retailers and distributors, with novel legal theories, further underscoring the need to stay abreast for recent trends in this area. James DeMay of Milberg Coleman Bryson Phillips Grossman, LLC and Michael A. Fazio of Dechert LLP in this CLE webcast as they discuss some recent trends and share insights on how to navigate challenges by recent cases and regulations.
Establishing a private fund can be an overwhelming task. Aside from various legal considerations, several areas continue to present a mix of opportunities and challenges for successful fund formation, including digitization and inflation.
The California Privacy Rights Act (CPRA), which will take effect on January 1, 2023, is set to amend the California Consumer Privacy Act (CCPA) and impose stricter data protection requirements for both consumer and human resources data.
As the volume of merger activities increases, regulators are also intensifying their crackdown on potential antitrust violations. Recognizing the insufficiency of traditional market share measures in revealing the potential competitive impact of a planned merger, governments and parties are now shifting to the assessment of purchasing decision processes instead. Customer surveys, carefully done, can provide a better way to understand consumer behavior and predict market outcomes post-merger.
The cannabis industry has been continuously evolving over the years. Legalizations have become more rampant not just inside the U.S. but also around the globe. However, along with this expanding acceptance are the intensified probes and regulations from federal and state legislators which have created further confusion and conflicts and compromised consumer protection.
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.
Through the years, the Uniform Commercial Code (UCC) Article 9 has been a significant help for borrowers and creditors through its governing guidelines on secured transactions. These guidelines regulate the security interests of creditors, who are given the chance to repossess a borrower’s secured property as a collateral to the outstanding debt. However, securing collateral has become a challenge in this evolving regulatory paradigm.
Since the onset of the COVID-19 pandemic, the number of consumer class action lawsuits drastically upsurged in various industries. The regulatory paradigm has also significantly evolved with recent court decisions shedding light on future class action lawsuits. As the landscape remains uncertain, businesses and their counsel should keep themselves in the know of any emerging development in this field of law. They must also plan for effective litigation strategies to avoid mishaps.
The continuous rise of COVID-19 cases has made the product liability landscape trickier now more than ever. Current and emerging risk issues that manufacturers should monitor include novel medical product claims, indemnity disputes, and non-specialist manufacturer liabilities.
In this LIVE Webcast, a panel of thought leaders and professionals brought together by The Knowledge Group will provide and present an in-depth analysis of the fundamentals as well as recent developments in Structuring Effective Real Estate Finance Transactions: Key Considerations and Strategies.
Commercial litigation is among the many areas of law affected by the impact of the COVID-19 pandemic, which resulted in several case delays and significant business litigation proceeding restrictions. Furthermore, the currently implemented remote hearings also add a great deal of uncertainty and this will likely continue for a period of time as in-person arrangements are not possible yet. These issues bring further complexities and challenges in the determination of proceedings and trials, thus creating a crucial need to be conversant with the nuances of the situation and other updates.
Lenders have always been faced with significant dilemmas when it comes to borrowers that fail to make payments. The severe impact of the COVID-19 pandemic on the economy further intensified this existing difficulty as waves of loan defaults hit creditors. Although it would be reasonable for lenders to proactively mitigate potential risks of loss, any efforts to engage with their borrowers should be done with prudence so as not to expose themselves to lender liability claims.
The emergence of new technologies continues to restructure the current product manufacturing and design practices, bringing unique developments in the product liability litigation landscape.
