Breaking Archive

by Chris Couch, McGlinchey Stafford In Tims v. LGE Community Credit Union, the Eleventh Circuit upended how numerous banks think about their Overdraft Protection (“ODP”) obligations under Regulation E. In the wake of Tims, though, with some thought and clarification, banks can still use ...Read More

The last week of the legislative session before a lengthy spring break was filled with an extra dose of tension, as a pair of controversial bills hit the Senate floor and fears over a global health pandemic seized the state capital. On Tuesday, Senators ...Read More

By Grant Premo Lawsuits alleging claims under the Telephone Consumer Protection Act (commonly referred to as the “TCPA”) have more than tripled since 2011. A recent decision by the Eleventh Circuit Court of Appeals, however, may stem the tide of TCPA claims.  On Jan. ...Read More

As predicted in last week’s edition, the association’s top 2020 legislative priority, the Financial Exploitation Prevention Act, unanimously passed the House of Representatives on Tuesday morning. The final vote was 99-0. Bill sponsor Rep. Chris Blackshear (R-Phenix City) did a masterful job of explaining ...Read More

The association’s top legislative priority, the Financial Exploitation Prevention Act, was in line to be on the floor of the House as well as the floor of the Senate on Thursday, but both chambers adjourned before getting to the bills.  Even though they did ...Read More

During the third week of the 2020 Regular Session, the association’s top legislative priority, the Financial Exploitation Prevention Act, advanced out of the House Financial Services and Senate Banking and Insurance Committees on Wednesday. Legislators on each committee asked productive, incisive questions about the ...Read More

The second week of the session saw the introduction of the centerpiece of the Alabama Bankers Association’s 2020 legislative agenda: The Elderly and Vulnerable Adult Financial Exploitation Prevention Act. Sponsored in the House by Financial Services Committee Chairman Rep. Chris Blackshear (R-Phenix City) and ...Read More