Native American Law360 provides breaking legal news and analysis on regulation and legislation related to Native American tribes. The section also tracks litigation and deals involving Native American tribes and Native American-owned businesses.
CashCall Inc.’s founder and CEO earned a $1 million salary and at least $2.5 million annually in interest for loans he made to the company, he testified Wednesday in the Consumer Financial Protection Bureau’s $287 million suit accusing the lender of illegally offering subprime loans through a firm based on tribal land.
The federal government filed a complaint in Utah federal court Wednesday against the Uinta Valley Shoshone Tribe, a group the government doesn’t recognize as a tribe, alleging it has illegally sold hunting and fishing licenses for use on the Ute Indian Tribe’s reservation.
A Florida appeals court on Wednesday revived challenges by Miami and the Seminole Tribe of Florida to proposed changes to the state's water-quality standards, ruling that their petitions to the Florida Department of Environmental Protection were not filed too late.
The U.S. Department of the Interior said Tuesday that it has reached a deal with the Confederated Tribes of Warm Springs in Oregon to take part in the $1.9 billion Cobell land buyback program, the first such agreement under the department’s revised buyback policy.
The conviction of auto racer Scott Tucker and his attorney on Friday over a $2 billion payday lending fraud paints the tribal lending businesses embroiled in the scheme in a harsh light, ratcheting up pressure on other lending tribes to show their operations are legitimate and have controls in place that could head off a similar mess.