Business & Commercial LitigationFifth Circuit Court of Appeals Grants Stay in Case Challenging the CFPB’s Small Business Lending Rule – What Owners Should Know
The Consumer Financial Protection Bureau’s (CFPB) Small Business Lending Rule is facing changes that render it ineffective only for plaintiffs and intervenors to a specific case on appeal with the Fifth Circuit Court of Appeals. For any other financial institutions that are not a party to the case, they must still proceed with the rule...