Sessions Information

  • January 5, 2020
    8:30 am - 10:15 am
    Session Type: AALS Discussion Groups
    Session Capacity: N/A
    Location: Washington Marriott Wardman Park Hotel
    Room: Washington 2
    Floor: Exhibition Level
    This group will discuss various issues related to fintech lending. For example, the recent decision of the United States Comptroller of the Currency (the OCC) to accept applications for national bank charters from non-depository fintech firms has a wide range of implications for consumer protection. Topics related to the fintech charter include: (1) preempting certain state consumer protection statutes, such as usury limits and state UDAP laws; (2) abrogating the effect of Madden v. Midland Funding in the Second Circuit (dealing with fintech lenders’ ability to circumvent state usury limits through bank partnerships); and (3) forcing financially distressed fintech lenders to liquidate in an OCC receivership instead of allowing them to reorganize in the bankruptcy courts.
     
Session Speakers
Howard University School of Law
Discussion Group Moderator

Rutgers Law School
Discussion Group Participant

University of Alabama School of Law
Discussion Group Participant

Tulane University Law School
Discussion Group Participant

The Catholic University of America, Columbus School of Law
Discussion Group Participant

Georgetown University Law Center
Discussion Group Participant

Temple University, James E. Beasley School of Law
Discussion Group Participant

Antonin Scalia Law School at George Mason University
Discussion Group Participant

The Catholic University of America, Columbus School of Law
Discussion Group Participant

Session Fees
  • [6060] AALS Discussion Group - Fintech Innovations: $0.00