Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SACRAMENTO, Calif. – The federal court that is hearing the complaint of a coalition of banking associations, credit card issuers and credit union associations has agreed to roll back the schedule for the litigation by roughly a month. The preliminary injunction against the California credit card disclosure law continues while the litigation is still pending. “The state had asked the court for additional time,” said NAFCU General Counsel Bill Donovan, but the schedule proposed to the court would have not given the plaintiffs time to respond to the state’s briefs. “We didn’t object to giving them more time, but we said if you are giving them more time then you have to give us more time to respond,” he added. Under the new schedule the deadline for the state to serve and file a single brief, not exceeding 80 pages, in opposition to the preliminary injunction and the summary judgment is October 25. Plaintiffs have until November 15 to file a single reply brief, not exceeding 40 pages, in support of the preliminary injunction and the summary judgment. The court will hold a hearing on both the preliminary injunction and the summary judgment on December 6.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.