Speak Softly and Carry a Big Lawyer - Emerging legal risks in the credit union space

As much as credit unions like to think of our industry as a warm, safe place - the vultures are circling.  Legal issues and risks emerge from every direction, and staying up to date can be a full time job.  

To help keep you informed on what to watch out for, we've enlisted two key Class Action lawyers with years of financial experience to address a variety of emerging and continuing issues. This list will expand as they come up with new things to be worried about, but come prepared to hear about topics like:

  • The continuing Overdraft saga 
  • The TCPA  (telephone consumer protection act) 
  • Collections Issues 
  • ADA Compliance 
  • Indirect Lending Issues, including TILA compliance and potential litigation exposure



Meet Your Speakers from KattenMuchinRosenman Law:

Stuart RichterStuart M. Richter - Partner

Stuart is co-chair of the firm's national Class Action and Multidistrict Litigation practice, focusing on consumer class action matters. For more than 25 years, he has defended financial services, consumer products and other clients in class and mass action cases filed in state and federal courts in various jurisdictions across the country. During his career, Stuart has served as lead counsel in more than 100 class and mass action cases. In addition to his class action experience, Stuart handles various complex commercial disputes for banking and financial services clients, including court cases and private arbitrations involving unfair competition claims, fraud claims, and foreclosures and other collection proceedings. He also counsels clients regarding internal and external fraud investigations, and has extensive experience handling disputes involving interest rate swaps and other financial derivative products. Stuart has a BS from University of Virginia, and his JD from Pepperdine University School of Law, summa cum laude.

Andrew DemkoAndrew Demko - Partner

Andrew concentrates his practice in litigation matters with a focus on consumer class actions and entertainment and media. In particular, he has represented clients in class actions involving all types of consumer financial services products, as well as class actions involving media and technology, securities, employment, and products liability. He also has significant experience handling class actions on appeal, including successfully petitioning the Ninth Circuit for permission to appeal class certification decisions pursuant to Rule 23(f). Prior to joining Katten, Andrew was an associate at Gibson, Dunn & Crutcher LLP. He also served as a law clerk to the Honorable Susan H. Black of the US Court of Appeals for the Eleventh Circuit. During law school, Andrew was an executive editor of the Notre Dame Law Review and president of the Business Law Forum. Andrew has his AB from Davidson College and his JD from Notre Dame Law School, magna cum laude.

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