Kelley Drye & Warren is pleased to announce the launch of a new blog on the Kelley Drye website. The DC Metropolitan Business Law Alert (www.dcbusinesslawalert.com) analyzes the key court decisions, statutory and regulatory developments and other legal trends affecting business in Washington, D.C., Maryland and Virginia. The blog is a joint venture between the
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Legal Developments Affecting Payment Card Data Pass Practices
By Kelley Drye on
Posted in Merchant Billing & Payment
On-line marketers that share their customers’ credit or payment card information with other business partners without the consumer’s knowledge or active consent – a practice referred to as a “data pass” – may wish to read a recently published BNA Privacy & Security Law Report titled “Scrutiny on Payment Card Data Pass: Raising the Profile…
Recently Commenced California Class Action May Impact Exposure Faced By Financial Institutions Involved With Federal Student Loans
By Kelley Drye on
Posted in Class Actions, Fair Lending
If your company is one of the many companies that participates in originating, guaranteeing or servicing student loans made under the Federal Family Education Loan Program (“FFELP”) you should be aware of a recent putative class action filed in the United States District Court for the Northern District of California. In Sharon Cheslow v. Wells Fargo …