The U.S. Supreme Court is in session, and the lawyers at Hudson Cook are keeping an eye on a few upcoming legal cases that could cause ripples in the auto finance and retail sectors. Here are three cases before the court they feel could have far-reaching implications: Facebook Inc. v. …
Read More »Ally Financial Inc., one of the largest U.S. auto lenders, has asked the U.S. Supreme Court to dissolve the class-action status of a lawsuit stemming from a repossession that, if allowed to proceed, could result in significant damages to the company. Additionally, legal experts say the case could have far-reaching …
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A Missouri Supreme Court verdict in a case that started with a dispute over a vehicle repossession could have far-reaching implications beyond the auto lending industry. Legal experts say the ruling could open the door for consumers from multiple states to form class-action lawsuits against any business, even if the …
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The Supreme Court seemed inclined to give the president more power over the Consumer Financial Protection Bureau as the justices considered whether Congress went too far in trying to insulate the agency from political pressure. Hearing arguments in Washington Tuesday, the court’s conservatives suggested they agreed with Trump administration contentions …
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