We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

CFPB, Trade Groups Seek Payday Rule Delay, Suit Stay

Law360 (May 31, 2018, 9:23 PM EDT) -- The Consumer Financial Protection Bureau and two payday lender trade groups joined together Thursday in asking a Texas federal judge to both stay the groups’ suit challenging the agency’s so-called payday rule and postpone the rule’s compliance date until after the case is finished.

The Community Financial Services Association of America Ltd. and the Consumer Service Alliance of Texas filed a joint motion with the CFPB requesting that U.S. District Judge Lee Yeakel stay their suit over the controversial rule while it’s being reconsidered by the...
To view the full article, register now.




Case Information

Case Title

Community Financial Services Association of America, Ltd. et al v. Consumer Financial Protection Bureau et al

Case Number



Texas Western

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision


Lee Yeakel

Date Filed

April 9, 2018

Law Firms


Government Agencies

Judge Analytics

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.