People

Thomas B. Hudson
Of Counsel
410.865.5411    
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Maryland
7037 Ridge Road
Suite 300
Hanover, MD 21076
Toll Free: 888.422.7529
410.684.3200
Fax: 410.684.2001
Professional Experience

Tom was a founding partner of the firm, and now serves the firm in an Of Counsel capacity. He has practiced consumer financial services law since 1973. He has focused his practice on matters relating to vehicle financing and leasing. He is CEO of CounselorLibrary.com, LLC, and is the Editor-in-Chief of CARLAW®, a monthly subscription service that reports legal developments in the auto finance and lease business.

He is included in the 21st Edition of The Best Lawyers in America© in the practice area of Financial Services Regulation Law and named the Best Lawyers© 2015 Baltimore Financial Services Regulation Law "Lawyer of the Year." He is a past President of the American College of Consumer Financial Services Lawyers and in 2009 was presented with that organization's Lifetime Achievement Award.

Tom is a past Chair of the American Bar Association Consumer Financial Services Committee's Personal Property Finance Subcommittee. He is outside general counsel to the National Automotive Finance Association. His clients include captive foreign and domestic auto finance companies, major banks and independent finance companies, trade associations and many companies who supply services to the auto finance and lease industry.

He is a member of the Governing Board of the Conference of Consumer Finance, and is a frequent writer and speaker on topics relating to vehicle sales, finance and leasing.

Tom is also author of many books including CARLAW® ~ A Southern Attorney Delivers HUMOROUS PRACTICAL LEGAL ADVICE on Car Sales and Financing, CARLAW® II - Street Legal, CARLAW® F&I Legal Desk Book ~ 362 Things to Know about Auto Dealer Finance, 6th Edition, CARLAW® III - Reloaded and CARLAW® IV - The Federal Government's War on Car Dealers.

Tom received his law degree in 1973 from Georgetown University Law Center. He also holds a Masters and a Bachelor of Science degree in Education from the University of Georgia.

Education

Georgetown University Law Center, J.D., 1973

Georgetown Law Review, Case and Notes Editor, 1973. Barrister's Council, 1972-73

The Tax Lawyer, staff member, 1972 Beaudry Cup Moot Court, quarterfinals, 1970

University of Georgia, M.S. Education, 1968; B.S. Education, 1967

Professional Memberships and Activities

Selected for inclusion in the 21st Edition of The Best Lawyers in America© in the practice area of Financial Services Regulation Law and named the Best Lawyers© 2015 Baltimore Financial Services Regulation Law "Lawyer of the Year." Only a single lawyer in each practice area, in each community is honored as a "Lawyer of the Year."

2012 edition of The Best Lawyers in America® in the practice area of Financial Services Regulation Law.

Former President and Founding Member, American College of Consumer Financial Services Lawyers

Recipient of American Financial Services Association Distinguished Service Award, 2009

Recipient of American College of Consumer Financial Services Lawyers' Senator William Proxmire Lifetime Achievement Award, 2009

Founding Member and Member of the Board of Directors, National Association of Dealer Counsel, 2004 to present

Chair, Subcommittee on Personal Property Finance, Consumer Financial Services Committee, Business Law Section, American Bar Association, 1991-95; Vice Chair, 1988-91

Chair, Task Force on Forfeiture Provisions of the Uniform Controlled Substances Act, Business Law Section, American Bar Association, 1990

Member, American Bar, Maryland State Bar and District of Columbia Bar Associations

Founder and Editor-in-Chief, CARLAW, a monthly review of current federal and state developments in automobile finance, including activities of the Consumer Financial Protection Bureau, the Federal Trade Commission and other Dodd-Frank related activity

Publisher of Spot Delivery, a monthly legal newsletter for car dealers

Speeches and Publications

Books

CARLAW® IV - The Federal Government's War on Car Dealers, 2017

CARLAW® F&I Legal Desk Book (6th Edition), 2014

CARLAW® F&I Legal Desk Book (5th Edition), 2013

CARLAW® F&I Legal Desk Book (4th Edition), 2011

Tales from Acworth and Other Stories, a Southern Journey, June 2010

CARLAW® F&I Legal Desk Book (3rd Edition), 2010

CARLAW® III - Reloaded, May 2010

CARLAW® F&I Legal Desk Book (2nd Edition), June 2008

CARLAW® II - Street Legal, January 2008

CARLAW® F&I Legal Desk Book (1st Edition), December 2006

CARLAW® A Southern Attorney Delivers Humorous Practical Legal Advice on Car Sales and Financing!, April 2006

Recent Speeches

2017

Co-Panelist, "A Century's Worth of Compliance Advice" - NADA, New Orleans, LA, January 26-28, 2017

2016

Co-Panelist, "A Compliance Conversation" - SubPrime Forum, Las Vegas, NV, November 15, 2016

Co-Presenter, "Compliance Issues/Ways to Protect Your Operation" - NABD East Coast Conference, Orlando, FL, November 3, 2016

Co-Presenter, "Making Your Deal Jackets Compliant" - NABD East Coast Conference, Orlando, FL, November 1, 2016

Co-Presenter, "Building a Culture of Compliance" - DealerSocket User Summit, San Antonio, TX, October 5, 2016

Speech, "Does Size Matter? When It Comes to the CFPB, it Doesn't. Understand Why Compliance Should be a Priority No Matter your Size" - DealerSocket User Summit, San Antonio, TX, October 4, 2016

Webinar Presenter, "What Recent Federal Enforcement Actions Mean for Dealers" - Nextgear Capital, Inc., August 25, 2016

Co-Presenter, "You're Busted!" - Carolinas Independent Automobile Dealers Association (CIADA), Myrtle Beach, SC, August 12, 2016

Co-Presenter, "Life After Herbies: Cash vs. Credit Pricing and the CFPB" - Texas Independent Automobile Dealers Association (TIADA), San Antonio, TX, July 26, 2016

Co-Panelist, "Handling Customer Complaints - Big Brother is Watching . . . what's your process?" - Texas Independent Automobile Dealers Association (TIADA), San Antonio, TX, July 25, 2016

Co-Presenter, "Pitfalls In Pricing and Finance Charges" - NIADA, Las Vegas, NV, June 14, 2016

Co-Presenter, "How Regulators are Changing Your Business" - NABD, Las Vegas, NV, May 26, 2016

Co-Presenter, "Deal Jacket Reviews" - NABD, Las Vegas, NV, May 25, 2016

Speech, "Subprime and BHPH Dealers: How Regulators Have Changed Your Business Model" - Dealer Summit, Tampa, FL May 4, 2016

Co-Panelist, "Busting Compliance Myths" F&I Think Tank Panel - Dealer Summit, Tampa, FL May 3, 2016

2015

Speech, "Looking to the Future: How laws and regulations will change the way you do business" - SubPrime Forum, Scottsdale, AZ, November 17, 2015

Co-Panelist, "How Regulatory Issues May Change BHPH" - NABD East Coast Conference, Orlando, FL, November 5, 2015

Co-Panelist, "Is LHPH Better? A 30,000-foot Level View" - NABD East Coast Conference, Orlando, FL, November 5, 2015

Co-Panelist, "Affordable Compliance Resources" - NABD East Coast Conference, Orlando, FL, November 4, 2015

Co-Panelist, "What BHPH Can Learn from the Small Loan Industry" - NABD East Coast Conference, Orlando, FL, November 3, 2015

Co-Panelist, "CFPB Rule-Making and Consumer Arbitration Update" - NADC Conference, Chicago, IL, November, November 2, 2015

Speech, "Looking to the Future: Where is Auto Finance Heading the Next 5 Years" - Innovate Conference, Fort Worth, TX, September 20, 2015

Speech, "The Definitive Word on the Use of Text Messages and How to Avoid a Federal or State Advertising Enforcement Action - The Rules for Text Messages, Online Ads, Radio, TV and Social Media" - Industry Summit, Las Vegas, NV, September 9, 2015

Speech, "Looking to the Future: Where is Auto Finance Heading the Next 5 Years" - Industry Summit, Las Vegas, NV, September 8, 2015

Speech, "Will You be Selling and Financing Cars in 2020?" - Georgia Independent Automobile Dealers Association (GIADA), Lake Lanier Islands, GA, July 24, 2015

Speech, "Federal Enforcement Efforts - Meet the 800-pound Gorilla" - Alabama Consumer Finance Association, Orange Beach, AL, July 13, 2015

Speech, "Federal Enforcement Efforts - Meet the 800-pound Gorilla" - Georgia Industrial Loan Association, Jacksonville, FL, June 13, 2015

Speech, "Federal Enforcement Efforts - Meet the 800-pound Gorilla" - Independent Consumer Finance Association, South Carolina Educational Seminar, Savannah, GA, June 9, 2015

Speech, "The Fault in Our Starts", "The Practice of Corporate, Banking and Securities Law in 2015" and "The Consumer Financial Protection Bureau and the Auto Finance Marketplace - A Cautionary Tale" - South Carolina Bar Association, Columbia, SC, January 23, 2015

Co-Panelist, "Regulatory Update" and Legal Q&A" - NABD Buy Here Pay Here, Dallas, TX, January 18-20, 2015

2014

Speech, "Ten Ways to Get the CFPB's Attention" - Used Car Week, Las Vegas, NV, November 10-12, 2014

Speech, "What is a Compliance Program and Why You Need One Now" - Mid-Atlantic Region MARIADA Conference, Atlantic, City, NJ, September 28-30, 2014

Speech regarding Regulatory Compliance - Philadelphia, PA, September 13-15, 2014

Co-Panelist, "F&I Panel Discussion, Compliance, Separating Fact from Myth" - Industry Summit, Las Vegas, NV, September 8-10, 2014

Speech, "A Compliance Program You Can Start to Build Today" - Carolina Independent Automobile Dealers Association (CIADA), Myrtle Beach, SC, August 7-10, 2014

Speech, "Did the Dog Eat Your Homework? Is Your Compliance Management System in Place? The Foundation of Your Compliance Program!" - Independent Consumer Finance Association of South Carolina (ICFA), Myrtle Beach, SC, June 10, 2014

Co Presenter, "The CFPB, FTC, Attorneys General and You" - NABD National Conference for Buy Here, Pay Here, Las Vegas, NV, May 18-22, 2014

Co-Presenter, "Legal/Regulatory" Q&A - NABD National Conference for Buy Here, Pay Here, Las Vegas, NV, May 18-22, 2014

Panelist, "Training Resources" - NABD National Conference for Buy Here, Pay Here, Las Vegas, NV, May 18-22, 2014

Panelist, "Working Together to Make a Difference" - NABD National Conference for Buy Here, Pay Here, Las Vegas, NV, May 18, 22, 2014

Speech, "Compliance Expectations from the Capital Markets" - NABD Dealer Academy, Las Vegas, NV, May 18-22, 2014

Co-Presenter, "A Compliance Management System - What and Why?" - NABD Dealer Academy, Las Vegas, NV, May 18-22, 2014

Hosted the Hudson Cook Eleventh Annual 2014 Consumer Financial Services Conference - Baltimore, MD, May 4-6, 2014

Speech, "CFPB Here to Stay, Must be Compliant as Possible" - American Financial & Automotive Services, Inc. (AFAS), The Woodlands, TX, February 27-28, 2014

Frequent writer on auto dealership and auto finance issues. Published in:

World of Special Finance

Auto Dealer Monthlyz F&I Magazine

eDealerNews.comz Auto Finance Update

F&I Management and Technologyz Auto Lending and Marketing Magazinez Spot Delivery and others

Frequent presenter/speaker on legal topics for organizations including:

The American Financial Services Association

The National Automotive Finance Association

The National Vehicle Leasing Association

The American Bar Association

The National Alliance of Buy-Here, Pay-Here Dealers

Northwood University

The Banking Law Institute

Others, including:

State Auto Dealer Associations

State Independent Auto Dealer Associations

Auto Dealer Twenty Groups