Sidley has defended clients in virtually every area of consumer banking. We assist lenders in the credit card, mortgage and automobile finance businesses, credit card processors, ATM and credit card networks, and money transmitters in a wide variety of cases. We represent clients in cases asserting failure to comply with regulatory requirements, engaging in unfair or deceptive trade practices, or breach of contractual obligations. Our team assists litigators in efficiently analyzing the complex and technical consumer banking issues that frequently arise in these cases, including under federal and state usury laws, the Fair Credit Reporting Act, the Real Estate Settlement Procedures Act, the Truth in Lending Act and the Fair Debt Collection Practices Act. We have successfully asserted federal law preemption defenses in many cases asserting state law claims, including defenses based on the National Bank Act, the Home Owners Loan Act and federal interest rate statutes. The firm’s experience in addressing industry issues with federal and state regulators that supervise the activities of our banking clients, and in connection with legislation, allows our team to provide assistance to clients on all fronts when major industry challenges arise.