O’Melveny’s Consumer Finance Group helps banks, lenders, credit card issuers, electronic payment systems, and e-commerce clients address issues associated with the evolving business models and complicated regulatory regimes at play in the world of consumer finance and payments.
Our deep knowledge of current trends and regulations in the financial services industry has allowed us to play a leading role helping clients navigate the post-crisis world, including representing a number of parties before the Financial Crisis Inquiry Commission and testifying before the US Commission on Civil Rights as part of its review of proposed subprime mortgage regulations in 2009. We have practiced at the forefront of consumer finance litigation in Japan, handling massive kabarai
-related litigation before the Japanese Supreme Court and in other venues, breaking new ground in Japanese law—and preserving many billions of dollars in value for our clients.
As commerce goes global—and digital—our lawyers have emerged as thought leaders in the key issues impacting the industry, including the Electronic Funds Transfer Act and state and federal payments-related regulations, the Fair Credit Reporting Act, online consumer privacy and data security regimes, and anti-money laundering and anti-corruption statutes.
For more information, visit our Class Actions, Mass Torts & Insurance Litigation
, Financial Services
, and Securities Litigation