Last week the LSTA joined The Clearing House and the American Bankers Association to file amicus briefs in two related cases that have been initiated by the State of Colorado against two marketplace lenders, Avant and Marlette, each of whom have bank partners. These cases raise the same important principle, whether a loan that was valid when made is valid in the hands of a buyer.
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Amicus Brief – Avant
The LSTA joined The Clearing House and the American Bankers Association to file amicus brief in a case initiated by the State of Colorado against marketplace lender Avant
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