Attorney Debbie Davidson (Morgan, Lewis & Blockius LLP) gives a detailed explanation of the recent Supreme Court case Fifth Third Bancorp v. Dudenhoeffer. The case, which was decided on June 25, 2014, affects employee retirement plan stock options.
A Constitutional Challenge to the Consumer Financial Protection Bureau
Today the Supreme Court hears a case that challenges the constitutional foundations of the federal Consumer Financial Protection Bureau (CFPB). In Seila Law LLC v. Consumer Financial Protection Bureau, the Court must first decide whether the Congress violated the separation of powers principle when it created the agency. If the Justices hold the CFPB’s leadership … Continue reading A Constitutional Challenge to the Consumer Financial Protection Bureau