Ashley Elmore Drew Quoted In Forbes Article On CFPB Investigation Of Accreditation Of For-Profit Schools

Firm News

Tampa, Fla., May 31, 2016 - Burr & Forman LLP announces that Tampa-based associate, Ashley Elmore Drew, was quoted in a Forbes article that was published on May 30.

The article is titled For-Profit College Industry Checks CFPB's Power, But Ruling Not A 'Slam Dunk'.

In the article, Elmore Drew discusses her opinion on the ruling in the Consumer Financial Protection Bureau's (CFPB) investigation into the accreditation of for-profit colleges case. In April 2016, the U.S. District Court for the District of Columbia held that the CFPB did not have the authority to issue a civil investigative demand to the Accrediting Council for Independent Colleges and Schools (ACIC).

To read the full article, please click here.

Elmore Drew is in the firm's Financial Services Litigation practice group. Her practice focuses on legal and regulatory compliance matters that affect banks, loan servicers, credit unions, and debt collectors. Her services include: advising clients about consumer credit and protection laws and regulations including RESPA, FHA, UDAAP, ECOA, VA, OCC, and the various requirements of the CFPB and NCUA; drafting and analyzing existing policies, procedures, vendor contracts, and business arrangements to ensure compliance with state and federal law; regulatory audit advisement; third-party vendor auditing and due diligence.

About Burr & Forman LLP
For over a century, Burr & Forman LLP's experienced legal team has served clients with local, national, and international interests in numerous industry and practice areas, ranging from commercial litigation and class actions to corporate transactions, including bankruptcy and restructurings. A Southeast regional firm with nearly 300 attorneys and nine offices in Alabama, Florida, Georgia, Mississippi, and Tennessee, Burr & Forman attorneys draw from a diverse range of resources to help clients achieve their goals and address their complex legal needs. Burr & Forman LLP: Results Matter. For more information, visit the firm's website at

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