Four judges dissent from Ninth Circuit denial of rehearing en banc in Seila Law; Seila Law asks Ninth Circuit to stay mandate pending filing of a cert petition

In December 2020, after the U.S. Supreme Court ruled that the CFPB’s structure was unconstitutional and remanded the case for further consideration, a unanimous panel of the U.S. Court of Appeals for the Ninth Circuit ruled that the civil investigative demand (CID) issued to Seila Law was validly ratified by former Director Kraninger and affirmed the district court’s decision granting the CFPB’s petition to enforce the CID....
By: Ballard Spahr LLP

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