tribal payday lenders

NYTs Coverage of FTC v. AMG Decision (Tribal Payday Lending)

Matthew L.M. Fletcher

Here.

We posted all the materials from this case here.

FTC Wins Another Motion in Suit against Various Tribal Payday Lenders

Matthew L.M. Fletcher1 Comment

Here are the updated materials in Federal Trade Commission v. AMG (D. Nev.):

444 MJ Report

448 Little Axe Objection

449 AMG et al Objection

451 FTC Response

559 DCT Order Adopting MJ Report

Prior post in this part of the litigation is here. The post related to the partial settlement is here. Other posts are here and here.

Colorado COA Dismisses Colorado AG’s Appeal of Cash Advance Matter

Matthew L.M. Fletcher

Here:

Colorado v Cash Advance Colo. COA Opinion

Lower court opinion here.

Complete Second Circuit Briefing in Otoe-Missouria Tribe v. New York Dept. of Financial Regulation

Matthew L.M. Fletcher1 Comment

Here:

Otoe-Missouria Opening Brief

NY Brief

Center for Responsible Lending Amicus Brief

Consumer Financial Protection Bureau Amicus Brief

Nine Advocacy Organizations Amicus Brief

Otoe-Missouria Reply Brief

Lower court materials here.

Opening Second Circuit Brief in Otoe-Missouria v. NY Dept. of Financial Regulation

Matthew L.M. Fletcher

Here:

Otoe-Missouria Opening Brief

Lower court materials here.

Bruce Fein on NYs Strategy against Tribal Payday Lenders

Matthew L.M. Fletcher

From HuffPo, here.

Consumer Financial Protection Bureau Denies Petition by Tribal Payday Lenders to Set Aside Investigative Demands

Matthew L.M. Fletcher1 Comment

Here:

201309_cfpb_decision-on-petition_great-plains-lending-to-set-aside-civil-investigative-demands

Thanks to S.D. More material here.

Update in Federal Trade Commission v. Payday Financial (Martin Webb) — Defendants Ordered to Pay FTC More than $400K

Matthew L.M. Fletcher2 Comments

Here are the new materials in Federal Trade Commission v. Payday Financial LLC (D. S.D.):

52 PF Motion for Summary J

58 FTC Response

60 PF Reply

94 FTC Motion for Summary J

103 PF Opposition

114 FTC Reply

117 DCT Order Denying PF Motion for Summary J

120 FTC Memorandum of Supplemental Authority

120-1 Exhibit A

120-3 Exhibit C

131 DCT Order Granting Partial Summary J to FTC

Materials from the complaint here.

Federal Court Denies Injunction in Otoe-Missouria Tribe v. New York State Dept. of Financial Services

Matthew L.M. Fletcher3 Comments

Here:

NY Order Denying PI Relief

Materials are here.

NYTs Coverage of Tribal Payday Lender Suit against New York

Matthew L.M. Fletcher

Here.

An excerpt:

Online lending has become a popular venture for Indian tribes over the last several years as states have cracked down on payday loans. The tribes say that in many cases, e-commerce activities have become a vital source of revenue, especially because their remote locations inhibit their ability to operate casinos. For the Otoe Missouria Tribe, lending revenue accounts for roughly half of the tribe’s nonfederal budget, according to a court filing.

“Every Indian tribe worth its salt has to provide health care, public safety, education and a panoply of essential services to its members,” said Matthew Fletcher, a law professor at Michigan State University and an authority on Indian law. “These tribes must reach off the reservation to conduct business because there is a desperate need for revenue.”