FOR IMMEDIATE RELEASE: 8/27/2010

Contact: Contact: Eric Fullerton

617-778-1906

BBA Launches Consumer Finance Committee

Amidst emerging developments in consumer finance law, the Boston Bar Association has announced the creation of the Consumer Finance Committee, a joint enterprise of the BBA's Business and Bankruptcy Sections. Chaired by Andrew Dennington of Conn Kavanaugh Rosenthal Peisch & Ford and Adam Ruttenberg of Looney & Grossman, the committee will facilitate collaboration between attorneys on both the creditor and debtor sides of consumer finance transactions. 
 
"The Consumer Finance Committee will bring together government lawyers, policy makers, public interest groups and private lawyers representing creditors and debtors," said Dennington. "Our role will be to identify and address emerging aspects of consumer finance that are of concern to regulators, stakeholders, private attorneys and in house counsel."

The committee will meet regularly throughout the program year -- beginning with a CLE on September 15, Implementing Dodd-Frank Wall Street Reform and Consumer Protection Act. 
 
"Any attorney looking to stay abreast of emerging developments in consumer finance law and network with other practitioners and policy makers should join this committee," said Ruttenberg.

The Consumer Finance Committee was preceded by the Consumer Finance Working Group, which came about at the suggestion of Harvard Law Professor Elizabeth Warren. In 2010, the BBA Council endorsed a report from the Consumer Finance Working Group recommending a comprehensive revision of Massachusetts Attorney General debt collection regulations.

For more information about the Consumer Finance Committee, contact Anna Frank at afrank@bostonbar.org or 617-778-1982.

The Boston Bar Association is a non-profit, voluntary membership organization of 12,000 attorneys drawn from private practice, corporations, government agencies, legal aid organizations, the courts, and law schools. It traces its origins to meetings convened by John Adams, the lawyer who provided pro bono representation to the British soldiers prosecuted for the Boston Massacre and went on to become the second president of the United States.