The LSTA joined an amicus brief in a Colorado case that is considering the question, “can a loan validly originated become invalid because it is subsequently sold or assigned to another party?” Until very recently, the answer to that questions was emphatically no. The case in which the LSTA, the Bank Policy Institute and the...
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 Marlette...