On April 4, 2024, Kentucky Governor Andy Beshear (D) signed the Kentucky Consumer Data Protection Act (“KCDPA”) into law, with a slow roll to the date it takes effect on January 1, 2026. Though similar to many other recent state data privacy laws, the KCDPA goes a bit easier on businesses and (1) does not impose a requirement to provide a universal opt-out mechanism, and (2) has a permanent cure provision that will afford violators ongoing opportunities to rectify alleged violations of the law.
On December 18, the U.S. District Court for the Southern District of New York granted a bank’s motion to dismiss the complaint in a case involving wire transfers of an elderly customer who was the victim of an internet scam.
Today’s podcast episode is a repurposing of part one of our December 16 highly-attended and praised webinar consisting of Alan Kaplinsky’s exclusive interview of David Silberman, who held several senior positions at the CFPB for almost 10 years under both Democratic and Republican administrations. Part two of our December 16 webinar, featuring Ballard Spahr partners John Culhane and Joseph Schuster, is to be released on January 9.
The Federal Trade Commission has referred its federal court case against online cash advance firm Dave Inc. to the U.S. Department of Justice (DOJ) which has filed an amended complaint in the case that names Dave CEO Jason Wilk as a defendant and seeks civil penalties.
As an auditor, I’ve had the unique opportunity to observe the dynamics between creditors and collection agencies. What I’ve learned is this: being a good client isn’t just about offering the highest commission rate. If you want to build strong, mutually beneficial relationships with collection agencies and ensure that your accounts receive the attention they deserve, there are several factors to consider.
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