In an economy where consumers are driving reform, it’s critical for financial institution leaders to stay on top of evolving issues. The CFSL Bulletin is your source for candid legal thinking — and a place to share your own views — on significant news and developments in the consumer financial services arena.

Our Editor

Michael D. Leffel
LeffelMichael D. Leffel is a partner with Foley. He is the chair of the firm’s Class Action Working Group and is a member of the firm’s Appellate, Consumer Financial Services, and Business Litigation & Dispute Resolution Practices. Michael has represented clients, including many Fortune 100 companies, in more than 150 class actions. The cases involved various state consumer protection statutes, the federal securities and antitrust acts, the Racketeering Influenced and Corrupt Organizations Act, the Truth-In-Lending Act, the Fair Credit Reporting Act, the Real Estate Settlement Practices Act, and product liability claims, among other issues.

Michael is a graduate of the University of Michigan Law School (J.D., cum laude, 1997). He has lectured on class actions, the enforceability of arbitration clauses, the constitutional implications of academic freedom, and the constitutionality of student fees.

Our Assistant Editors

Timothy S. Crisp
Timothy S. Crisp is a partner and member of Foley’s Finance & Financial Institutions; Consumer Financial Services; Health Care Finance & Restructuring; and Privacy, Security & Information Management Practices.

Tim represents lenders and borrowers in commercial and asset-based loan transactions, workouts, turnarounds, bond transactions, equipment leases, and cross-border transactions. He regularly counsels consumer finance companies regarding licensure matters and compliance with federal and state consumer credit, privacy, debt management services, and debt collection laws. He also handles distressed company sales and divestitures, mergers, acquisitions, and private equity investments.

Tim graduated from Duke Law School (J.D., 1990) where he was an articles editor of the Duke Journal of Comparative and International Law. He received his Bachelor of Arts from Yale University in 1987. He is on the board of directors of the American Players Theatre of Wisconsin, Inc. and a member of the American Bar Association, Business Law Section (Commercial Financial Services, Consumer Financial Services, Uniform Commercial Code, Legal Opinions, Negotiated Transactions and Banking Law Committees); and the State Bar of Wisconsin, Business Law Section and Committee on Standard Forms of Legal Opinions. He is admitted to practice in Wisconsin and Illinois.

Michael C. Lueder
Michael Lueder is a partner and co-chair of Foley’s Consumer Financial Services Practice. He is also a member of our Finance & Financial Institutions and Labor & Employment Practices. His practice is concentrated in several areas, including banking, class action, contract, employment, and consumer litigation. Prior to joining the firm, Mike served as chief litigation counsel for one of the largest banks in the country.

Mike received his J.D., cum laude, in 1987 from Indiana University School of Law, where he served on the editorial staff of the Indiana Law Journal. He graduated from DePauw University (B.A., political science) in 1984. He has served as an adjunct faculty member teaching consumer law at the Marquette University School of Law. His professional affiliations include membership in the Litigation, Consumer Finance, and Employment Sections of the American Bar Association.