David Standa's practice currently focuses on the rapidly evolving cannabis industry and how recently passed legislation, like state-level legalization statutes and the Farm Bill, impact companies with marijuana, hemp and CBD products. David also has considerable experience in business and consumer finance litigation as well as corporate, securities and regulatory assistance, food and beverage compliance and litigation, and health care litigation.
David Standa's practice currently focuses on the rapidly evolving cannabis industry and how recently passed legislation, like state-level legalization statutes and the Farm Bill, impact companies with marijuana, hemp and CBD products. David also has considerable experience in business and consumer finance litigation as well as corporate, securities and regulatory assistance, food and beverage compliance and litigation, and health care litigation.
Cannabis, Marijuana, CBD and Hemp
David focuses on recent legislative developments impacting licensing and registration requirements for companies offering marijuana, hemp and CBD products. David has advised clients on topics ranging from obtaining state-level licenses, complying with seed-to-sale tracking requirements, and creating appropriate internal policies and procedures. David has spoken on webcasts and at conferences about the FDA’s regulation of CBD products, the potential liability arising out of CBD and edible marijuana products, packaging and labeling, and navigating Illinois' Cannabis Regulation and Tax Act. David is also a regular contributor on the Firm's Cannabis Blog and Co-Host of the Joint Status Report podcast.
Food & Beverage Practice
David has defended several spirits-industry clients in class actions alleging deceptive labeling and marketing practices. He has also assisted spirits-industry clients with compliance in the development of product labels.
Insurance & Health Care
David is also engaged in health insurance reimbursement disputes. David has represented insurers and hospital systems in litigation and arbitration involving insurance and health care disputes and arbitrations, including complex issues surrounding the business of insurance, insurance regulatory matters, Medicare/Medicaid disputes and False Claims Act litigation. David's recent transactional experience consists of advising a national health insurance provider on a series of joint ventures with regional hospital systems involving the creation of new insurance networks, and providing regulatory guidance about potential statutory exposure to an insurance holding company.
Business and Consumer Litigation and Compliance
David's recent litigation and arbitration cases have included various individual and class action lawsuits concerning claims under the Truth in Lending Act (TILA), Home Affordable Modification Program (HAMP), Telephone Consumer Protection Act (TCPA), Equal Credit Opportunity Act (ECOA), Fair Credit Reporting Act (FCRA) and Fair Debt Collection Practices Act (FDCPA) as well as claims for fraud, breach of contract and breach of fiduciary duty.
David also represents banks and other institutions in commercial and industrial foreclosures, replevin actions and injunction proceedings to recover outstanding collateral. David's experience includes handling asset-based and real estate loan workouts, negotiating forbearance agreements, restructuring loans and liquidating collateral, including sales pursuant to the Uniform Commercial Code (UCC).
David also assists clients with compliance and regulatory advice. This includes advice regarding state and federal statutory and regulatory requirements for forward and reverse-mortgage products as well as advice regarding debt collection efforts. David is intimately familiar with relevant statutes and regulations, including the FDCPA/Regulation F, TILA/Regulation Z, RESPA/Regulation X, and state statutes and regulations governing consumer debt collection and consumer lending products.
David's experience includes: