CONSUMER FINANCIAL PROTECTION BUREAU v. CASHCALL

Nos. 18-55407, 18-55479.

35 F.4th 734 (2022)

CONSUMER FINANCIAL PROTECTION BUREAU, Plaintiff-Appellant/Cross-Appellee, v. CASHCALL, INC.; WS Funding, LLC; Delbert Services Corporation; J. Paul Reddam, Defendants-Appellees/Cross-Appellants.

United States Court of Appeals, Ninth Circuit.

Submission Withdrawn October 21, 2019.

Argued and Resubmitted September 23, 2021 Pasadena, California.

Filed May 23, 2022.


Attorney(s) appearing for the Case

Kristin Bateman (argued) and Kevin E. Friedl , Senior Counsel; Steven Y. Bressler , Assistant General Counsel; John R. Coleman , Deputy General Counsel; Mary McLeod , General Counsel; Bureau of Consumer Financial Protection, Washington, D.C.; for Plaintiff-Appellant/Cross-Appellee.

Reuben Camper Cahn (argued), Reuben C. Cahn , and Gregory M. Sergi , Keller/Anderle LLP, Irvine, California; Allen L. Lanstra Jr. (argued), Caroline W. Van Ness , and Kasonni M. Scales , Skadden Arps Slate Meagher & Flom LLP, Los Angeles, California; Thomas J. Nolan , Pearson Simon Warshaw LLP, Sherman Oaks, California; for Defendants-Appellees/Cross-Appellants.

Robert M. Loeb and Analea J. Patterson , Orrick Herrington & Sutcliffe LLP, Washington, D.C.; Christopher J. Cariello and Ned Hirschfeld , Orrick Herrington & Sutcliffe LLP, New York, New York; for Amicus Curiae Innovative Lending Platform.

Before: John B. Owens, Ryan D. Nelson, and Eric D. Miller, Circuit Judges.


OPINION

CashCall, Inc., made unsecured, high-interest loans to consumers throughout the country. After attracting unwanted attention from regulators, it sought to avoid state usury and licensing laws by using an entity operating on an Indian reservation. CashCall paid for that entity to issue loans and then purchased...

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