Chambers Review

Provided by Chambers

Banking & Finance - USA

1
Band 1

What the Team is Known For

Paul Hastings LLP is a go-to for complex enforcement actions and investigations in the consumer finance sphere. The firm also brings additional capabilities on compliance issues within consumer finance. bank, non-bank lenders, FinTechs and loan servicer clients come to the firm for their expertise on matters particularly covered by the CFPB, FDIC, DOJ and FDIC.

Work Highlights

  • Paul Hastings represented Acima in a CFPB investigation regarding its short-term lease-to-own transactions. The investigation's purpose was to determine whether they constituted credit transactions under several federal consumer protection laws and whether the products were deceptive, unfair or otherwise unlawful.

Strengths

Provided by Chambers