NEW YORK – Troutman Pepper introduced immediately {that a} nationally acknowledged shopper monetary companies group has joined the agency from Ballard Spahr in Atlanta, New York, Philadelphia, and Salt Lake Metropolis. The industry-leading group
consists of companions
Christopher J. Willis,
Mark J. Furletti,
Jeremy T. Rosenblum,
Stefanie H. Jackman,
James Kim,
Jason M. Cowl, and
Anthony C. Kaye.
The brand new group will be part of the agency’s present, top-ranked monetary companies observe which gives a full vary of transactional, litigation, enforcement, and regulatory compliance companies to nationwide, regional, and neighborhood
monetary establishments, shopper and business lenders, fee processors, monetary expertise firms, and a number of different monetary companies suppliers.
“We’re delighted to welcome this esteemed group of companions to Troutman Pepper,” mentioned Troutman Pepper Chair Steve Lewis. “Their arrival confirms our standing as a market chief within the monetary companies {industry}
and demonstrates the agency’s deep dedication to serving purchasers on this advanced, ever-evolving house.”
“Now we have constructed one of many largest practices within the nation targeted on shopper monetary companies and have turn out to be a vacation spot for purchasers going through high-stakes litigation, searching for regulatory and compliance steerage, and going through
authorities investigations,” mentioned Troutman Pepper Managing Associate Tom Cole.
Troutman Pepper has greater than 200 attorneys who repeatedly advise monetary companies suppliers and is nationally acknowledged for its prowess within the house. A two-time winner of Regulation360′s Client Safety Follow Group
of the Yr award, Troutman Pepper’s Client Monetary Providers staff helps purchasers resolve litigation, gives regulatory steerage, and assists with investigations and actions initiated by federal and state authorities companies.
In 2021, Troutman Pepper was named FinTech Regulation Agency of the Yr by The Deal, changing into the primary agency to obtain the award.
“This transfer combines two of the nation’s main practices in shopper monetary companies, making a preeminent one-stop store for purchasers searching for regulatory, compliance, and litigation counsel within the house,” mentioned
Associate Christopher Willis. “We’re excited in regards to the added advantages it will carry to our purchasers and stay up for working with our new Troutman Pepper colleagues – lots of whom we have now recognized for years as a result of
of our observe affinities.”
Christopher J. Willis (Atlanta), who will function co-leader of Troutman Pepper’s Client Monetary Providers Regulatory observe, advises monetary companies establishments going through state and federal authorities
investigations and examinations – with famous experience in these involving the Client Monetary Safety Bureau (CFPB). He additionally counsels on compliance points together with UDAP/UDAAP, credit score reporting, debt assortment and truthful
lending, and defending them in particular person and sophistication motion lawsuits introduced by shoppers and enforcement actions introduced by authorities companies. Willis leverages insights from his litigation and enforcement expertise to assist purchasers
design new merchandise and processes, together with machine studying advertising, fraud prevention and underwriting fashions, product construction, promoting, on-line utility flows, underwriting, and assortment and loss mitigation methods.
Mark J. Furletti (Philadelphia), who additionally will function co-leader of Troutman Pepper’s Client Monetary Providers Regulatory observe, focuses on federal and state shopper and small enterprise lending
and funds legal guidelines, together with people who apply to fee playing cards, buy-now-pay-later transactions, vehicle-secured loans, strains of credit score, unsecured loans, and deposit merchandise. He counsels suppliers of shopper and small enterprise monetary
companies, together with banks, on regulatory compliance issues and has efficiently represented such suppliers in school motion litigation and authorities supervisory and enforcement issues.
Jeremy T. Rosenblum (Philadelphia) has greater than three many years in non-public observe representing the buyer monetary companies {industry}. His observe focuses on federal and state lending and shopper practices
legal guidelines, with emphasis on the interaction between federal and state legal guidelines, joint ventures between banks and nonbank monetary companies suppliers, the event and documentation of latest monetary companies merchandise, financial institution overdraft practices
and disclosures, geographic enlargement initiatives, and compliance with federal and state shopper safety legal guidelines, together with “UDAAP” statutes prohibiting unfair, misleading and abusive acts and practices; usury legal guidelines; the
Fact in Lending Act (TILA); the Digital Funds Switch Act; E-SIGN; the Equal Credit score Alternative Act; and the Honest Credit score Reporting Act (FCRA).
Stefanie H. Jackman (Atlanta), who led Ballard Spahr’s Debt Assortment group, devotes her observe to helping monetary companies establishments going through state and federal authorities investigations and examinations,
counseling them on advanced compliance points, in addition to defending them in particular person and sophistication motion lawsuits. Jackman represents purchasers throughout the monetary companies {industry}, together with banks and nonbanks, mortgage banking lenders
and servicers, debt collectors and consumers, third-party service suppliers, well being care and medical income cycle service suppliers, credit score and pay as you go card firms, auto lenders, and fintechs in navigating points arising underneath the
FDCPA, FCRA, TCPA, SCRA, EFTA, UDAAP/UDAP, and associated state legal guidelines and rules.
James Kim (New York) co-led Ballard Spahr’s Fintech and Funds group and advises fintechs, banks, buyers, and different purchasers relating to federal and state shopper monetary legal guidelines and rules, together with
Title X of the Dodd-Frank Act (UDAAP), TILA, RESPA, EFTA, and the FCRA. He helps purchasers navigate examinations and investigations with the Client Monetary Safety Bureau (CFPB), Federal Deposit Insurance coverage Company (FDIC),
Federal Reserve Board, Federal Commerce Fee (FTC), and varied state companies.
Jason M. Cowl (Philadelphia) focuses on federal and state shopper lending and funds legal guidelines, together with people who apply to installment loans, vehicle-secured loans, strains of credit score, unsecured loans, credit score
playing cards, level of sale finance, and timeshare/trip finance. He counsels suppliers of shopper monetary companies, together with banks, licensed lenders and fintech suppliers, on regulatory compliance issues and authorities supervisory
and enforcement issues.
Anthony C. Kaye (Salt Lake Metropolis/New York) led Ballard Spahr’s Army Lending group and advises monetary companies suppliers on regulatory and compliance points involving army lending and an array
of different shopper safety legal guidelines, and defends purchasers towards particular person and sophistication motion lawsuits. Kaye helps monetary establishments efficiently navigate Client Monetary Safety Bureau (CFPB) examinations and investigations,
and he has intensive expertise managing authorized groups defending nationwide portfolios of associated instances. Kaye can also be acknowledged as a high litigator for dealing with high-stakes actual property litigation within the West.
About Troutman Pepper
Troutman Pepper is a nationwide legislation agency with greater than 1,200 attorneys strategically situated in 23 U.S. cities. The agency’s litigation, transactional, and regulatory practices advise a
various shopper base, from start-ups to multinational enterprises. The agency gives subtle authorized options to purchasers’ most urgent enterprise challenges, with depth throughout {industry} sectors, together with development, vitality,
monetary companies, well being sciences, insurance coverage, non-public fairness, and actual property, amongst others. Be taught extra at
troutman.com.