CFPB Gets Door Opened To 2nd Circ. Look At Constitutionality
Law360 (August 24, 2018, 8:25 PM EDT) -- A New York federal judge who previously ruled that the Consumer Financial Protection Bureau is unconstitutionally structured and must exit a lawsuit accusing a litigation funder of gouging NFL players and 9/11 responders has agreed to finalize her judgment against the agency, teeing up its expected appeal to the Second Circuit.
U.S. District Judge Loretta A. Preska booted the CFPB in June from a suit it brought with New York's attorney general against RD Legal Funding LLC and several associated entities, finding that the agency's single-director leadership structure violates the separation of powers under the U.S. Constitution and can't be fixed...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!