© 2017 The Texas Lawbook.
By Brooks Igo
(Sept. 12) – Hudson Cook, a national consumer finance law firm, announced today it has selected three attorneys with ties to Fort Worth-based payday lender Cash America to lead its entry in Texas.
The Hanover, Maryland-based law firm now has 13 offices nationwide with the addition of the DFW outpost in downtown Fort Worth.
Curtis Linscott, who was most previously the general counsel and executive vice president of Cash America, and former Cash America attorneys Hurshell Brown and Andrea Cottrell have been tapped to lead the office.
Brown became familiar with Hudson Cook while at Cash America, which has been using the law firm for 10-plus years.
“Hudson Cook is known as one of the top consumer finance firms in the country,” Brown says. “We are excited about the opportunity to join them.”
Brown says Hudson Cook desired to set up shop in Texas to better serve the firm’s existing clients across the state – which include GM Financial, JPMorgan Chase, Capital One and Nissan Motor Acceptance Corp. – and because there is a growing number of consumer finance, FinTech, auto finance and mortgage lending companies in the DFW area.
“Product development for clients with Texas lending operations will be a huge focus for this office,” he adds.
Questions and uncertainty surrounding regulatory compliance and potential changes to arbitration rules are the most pressing issues for consumer finance companies, Brown notes. He points to Consumer Financial Protection Bureau regulations as the most significant concern.
Prior to lateraling to Hudson Cook, Brown operated his own law firm with Cottrell, where they represented clients in the consumer financial services and FinTech industries. They join as partner and associate, respectively.
Linscott, whose tenure with Cash America lasted from 1995 to 2016, will serve as of counsel.
After being appointed general counsel and executive vice president of Cash America in 2006, he established the payday lender’s first formal compliance department and built its compliance management program. Linscott left the company after helping lead its $994 million merger with Arlington-based First Cash.
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