Tag Archives: Katten

Auto Financing Industry Facing Increased Regulatory Scrutiny for Discriminatory Lending Allegations

Several recent Department of Justice settlements have highlighted a potential risk for auto lenders. Beyond eliminating intentionally discriminatory practices like redlining, auto lenders need to work with legal counsel, lending officers, lending algorithm programmers and other stakeholders to ensure lending practices do not result in unintentional discrimination.

Katten Names Smith Global Chair of Corporate Department

Katten named Kimberly Smith the new global chair of its corporate department. Smith will lead more than 125 attorneys housed in the department and succeed Mark R. Grossmann, who served as global chair of the group for more than a decade.