In the case of Ralph L. Wadsworth Construction Company, LLC v. Regional Rail Partners (2024 COA 78), the Colorado Court of Appeals reviewed a complex contract dispute related to the design and construction of a transit rail line. The project,
HUD Charges Appraiser, Appraisal Management Company, and Lender with Race Discrimination
The Department of Housing and Urban Development (HUD) recently charged multiple entities with housing discrimination based on an asserted biased appraisal and denial of a mortgage refinance loan application based on the appraisal. Charges were brought against the appraisal company,
Real Case, Real Lessons: Understanding Builders’ Risk Insurance Limits
In the recent case of 5333 Mattress King LLC v. Hanover Insurance Company, the United States District Court for the District of Colorado provided significant insights into the limits of builders’ risk insurance policies. Mattress King LLC, a warehouse owner,
Troutman Pepper Weekly Consumer Financial Services Newsletter – July 17, 2024
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:
Managing Employee Compliance in Highly Regulated Industries
In this episode of the Hiring to Firing Podcast, hosts Tracey Diamond and Evan Gibbs are joined by Josh Riggs, owner of Social Cannabis, based in Denver, CO. They delve into the complexities of managing employee conduct in the highly
Sullivan & Cromwell Discusses Preliminary Injunction on Colorado Interest-Rate Cap on Out-of-State Banks
On June 19, 2024, the U.S. District Court for the District of Colorado preliminarily enjoined the enforcement of a Colorado law that would have applied Colorado interest-rates caps to loans made by state-chartered banks—including banks located outside of Colorado—to Colorado
Colorado Federal Court Grants Frontier Airlines’ Motion to Compel Arbitration In The GoWild! Pass Program Class Action
By Gerald L. Maatman, Jr., Tiffany E. Alberty, Eden E. Anderson and Rebecca S. Bjork Duane Morris Takeaways: On June 14, 2024, in Hartsfield, et al. v. Frontier Airlines, Inc., Case No. 23-CV-2093 (D. Colo. June 14, 2024), Magistrate Judge Kathryn
DIDMCA Opt-Out Update—District Court Constrains Colorado Opt-Out
On June 18, state-chartered banks and their fintech partners received welcome news in ongoing litigation challenging the scope of Colorado’s opt-out from the interest exportation regime established by the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA). The
Colorado Federal Court Enjoins State Enforcement of DIDMCA Opt-Out Legislation Against Out-Of-State Lenders
On June 18, a Colorado federal court granted the plaintiff trade groups’ motion for a preliminary injunction, effectively halting the enforcement of Colorado’s H.B. 1229 with respect to loans made by out-of-state state-chartered banks.
Big Changes in Online Travel: Transparency, Accessibility, and the Battle for Business Travelers
It was a busy week in the online travel world as evidenced by the number of our stories. Enjoy.
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- Cruise Operators Prepare for Total Pricing. The recent announcement by some of the largest cruise companies to provide passengers total pricing