On December 12, 2019, the FDIC and OCC issued their long-awaited proposed regulations to Modernize the Community Reinvestment Act (the “Proposed Regulations”). The more complete version of the Proposed Regulations was published in the Federal Register on January 9, 2020, https://www.govinfo.gov/content/pkg/FR-2020-01-09/pdf/2019-27940.pdf. Prior to their issuance, the OCC engaged in outreach to CRA stakeholders that identified an…

Rimon, P.C. is proud to announce that ten of its Partners, across eight offices, have once again been honored by Best Lawyers®. Our honored partners were: Corporate and International Partner, Buz Barclay in New York, Trusts and Estates and Private Client Partner Patricia Annino in Boston, Intellectual Property and Litigator Partner Peng Chen in San Diego, Corporate Transactional Partner Phillip Quatrini in Northern Virginia,…

Financial Institutions Committee Chair: John R. Mussman Meeting Date and Time: Wednesday, June 12, 2019 12:15 p.m. to 1:30 p.m. Topics: Regulatory Redux: The Community Reinvestment Act and the Fair Debt Collection Practices Act Speakers: Joseph E. Silvia, Partner, Howard & Howard John R. Mussman, Partner, Rimon, P.C. Location: CBA Headquarters, 321 South Plymouth Court, Chicago, IL…

Host: Conference on Consumer Financial Law Why You Should Attend ​Rimon Partner, John Mussman, will present at the Annual Consumer Financial Services Conference next Thursday and Friday (May 30 and May 31) at Loyola University Chicago School of Law.  His discussion will address recent CFPB actions in fair lending.  The Conference will also cover other financial…

Financial Institutions Committee Chair: John R. Mussman Meeting Date and Time: Wednesday, April 10, 2019 12:15 p.m. to 1:30 p.m. Topics: A SPRING SMORGASBORD The Bank Holding Company Act: What constitutes “control”? Federal Reserve Applications – How to Make the Process Go More Smoothly. Bank Anti-tying Restrictions The U.S. Supreme Court Credit Card Anti-trust decision…

Rimon Partner, John Mussman, will be chairing The Chicago Bar Association Committee Meeting. The committee topic is Professional Responsibility: Diversity and Inclusion This conference is aimed to anyone in the Financial arena, Consumer Credit , Commercial Finance & Transactions and Financial & Emerging Technologies. Date and time: Wednesday, October 10, 2018, 12:15 p.m. to 1:30 p.m. Location:…

In this article, Rimon Partner, John Mussman, reviews the July 31 Comptroller of the Currency announcement that it would begin accepting special purpose national bank charters for fintech companies.  The special purpose charter will offer a fintech company that engages in electronic banking or lending activities a national platform — subject to OCC supervision.  States have…

New York, NY —  Rimon, P.C. is proud to announce that ten of its Partners, across eight offices, have once again been honored by Best Lawyers®. Our honored partners were: Corporate and International Partner, Buz Barclay in New York, Trusts and Estates and Private Client Partner Patricia Annino in Boston, Intellectual Property and Litigator Partner Peng Chen in San Diego, Corporate Transactional…

Banking and Financial Services Partner, John Mussman, was appointed 2018-19 Chair of the Chicago Bar Association Financial Institutions Committee. Mr. Mussman represents banks, mortgage lenders, and other financial services providers, focusing on banking and commercial and consumer credit law. He also represents bank affiliates and non-bank players in the commercial and consumer credit space. His…

On April 25, 2018, John Mussman provided a Professional Responsibility Continuing Legal Education Seminar to The Chicago Bar Association, Financial Institutions Committee.  With his former partner David Mann, Holland & Knight, Mr. Mussman presented 10 Case Studies elucidating issues that banking and other business lawyers may confront under the Illinois Rules of Professional Conduct in…