Contact: Leyla Orak; Erdem & Erdem (Turkey) Introduction Until December 13, 2012, financial leasing, factoring, financing and loan activities were regulated by the Financial Leasing Law No. 3226 (the “Abrogated ...

Contact: Edmund D. Harllee; Williams Mullen (North Carolina & Virginia, USA) On Thursday, January 10, the Consumer Financial Protection Bureau (the “Bureau”) issued a final rule amending its Regulation Z (Truth in L ...

Contact: Fatih Işık; Erdem & Erdem Law Office (Turkey) Introduction As is widely known, legal transactions are formed upon consensus of declarations of intent. The purposes of the parties engaging in the lega ...

Contact: John Walsh; Spencer Fane Britt & Browne LLP (Missouri, USA) Under the Equal Credit Opportunity Act (15 U.S.C. §1691 et seq. (ECOA)), a creditor may not discriminate against a credit applicant “with ...