On April 23, U.S. District Judge Claudia Wilken temporarily rejected the terms of the settlement in House v. NCAA, effectively issuing an ultimatum to the parties: fix the roster limits issue or risk blowing up the settlement. We have discussed
Should I Remain Employed by the Debtor? What to Know About KEIPs and KERPs
For companies in financial distress, retaining key employees during a Chapter 11 restructuring can be crucial for success. Key Employee Retention Plans (KERPs) and Key Employee Incentive Plans (KEIPs) are tools used to incentivize employees to stay and perform. KERPs
Federal Circuit Affirms Stem Cell Product-by-Process Claims: Lessons in Claim Construction and Inherency from Restem LLV v. Jadi Cell LLC
The Federal Circuit issued a precedential opinion on March 4, 2025, that serves as valuable guidance for product-by-process claims, particularly in the context of inherency in claim construction. In Restem, LLC v. Jadi Cell, LLC, the Court affirmed the
Fedtrade® Podcast – Anders Victor, Economic Development Partnership of North Carolina – SelectUSA Spotlight
The Fedtrade® podcast recently interviewed Anders Victor, Director of Business Development for the Economic Development Partnership of North Carolina (EDPNC), as part of our SelectUSA Investment Summit Spotlight series. EDPNC improves the economic well-being and quality of life for all
NCAA Takes Another Step Toward Implementing House-Settlement Rule Changes
On April 21, the Division I Board of Directors (Board) greenlit major National Collegiate Athletic Association (NCAA) rule changes that are contingent on court approval of the $2.8 billion House v. NCAA settlement. If the settlement is approved, these changes
March 2025 Consumer Litigation Filings: Everything Up
According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices Act (FDCPA), the Telephone Consumer Protection Act (TCPA), and complaints filed with the Consumer Financial Protection Bureau (CFPB) were all
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 22, 2025
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week.
Shifting Gears: Adapting to Regulatory Changes in Auto Finance
In this episode of Moving the Metal, Brooke Conkle and Chris Capurso from Troutman Pepper Locke’s Consumer Financial Services Practice Group discuss what dealerships and auto finance companies should prioritize amidst regulatory changes in Washington, D.C. They cover updates on
Confido Legal and SmartAdvocate Revolutionize Law Firm Billing
We’re excited to announce our new partnership with SmartAdvocate, a leading case management (and now billing) system trusted by law firms across the country. Through this collaboration, Confido Legal will power the embedded payments functionality within SmartAdvocate’s innovative new billing
Judge Halts CFPB Layoffs Again
At an emergency hearing this morning in National Treasury Employees Union v. Vought, Judge Amy Berman Jackson once again halted the layoffs of over 1,000 employees at the Consumer Financial Protection Bureau (CFPB). The judge emphasized the need for a