Author Archives: Brian Wolfman

Why are democrats helping Trump dismantle Dodd-Frank? Read all about it.

That's the title of this article by Mike Konzcal. Then, read this article in The Hill explaining that "[t]he battle pits moderate Democrats up for reelection this year in states such as Missouri, West Virginia, North Dakota and Montana against Sen. Elizabeth Warren (D-Mass.) and other progressives, and comes as the party braces for primary fights between the left and […]

The farcical (and hurtful) Trump tax cut

In this Atlantic piece, Derek Thompson helps expose the farcical Trump tax cut for what it is: Corporate stock buybacks in the first 6 weeks of 2018 "reached historical high[s], totaling about $170 billion. That’s 28 times larger than the total value of end-of-year [worker] bonuses that were [wrongly] credited to the corporate tax bill."

Sixth Circuit holds that bare allegation of FDCPA statutory violation is not an Article III injury under Spokeo

In today's decision in Hagy v. Demers & Adams, the Sixth Circuit held that a bare allegation that a debt collector's letter that fails to say it's "from a debt collector" as required by the Fair Debt Collection Practices Act, 15 U.S.C. § 1692e(11), is not an article III injury under the Supreme Court's decision […]

Third Circuit: Letter from debt collector seeking to “settle” a time-barred debt could violate the FDCPA

The decision is Tatis v. Allied Interstate. Applying the "least sophisticated consumer" standard and following decisions of the Fifth, Sixth, and Seventh circuits, the court summarizes its decision this way: This appeal arises under the Fair Debt Collection Practices Act …. The question presented is whether a collection letter sent to collect a time-barred debt that […]

Mandatory arbitration in employment contracts

Law prof Cynthia Estlund has written on that topic in The Black Hole of Mandatory Arbitration. Here's the abstract: What is the impact of mandatory arbitration agreements (MAAs) in employment? It is now several decades since the Supreme Court gave a green light to employers’ imposition of broad MAAs that foreclose litigation over nearly all federal […]

Cal. Supreme Court says class-action objectors must become “parties of record” to appeal approval of a class-action settlement, rejecting federal rule

In Devlin v. Scardelletti, the U.S. Supreme Court held that a class-action objector may appeal a district court's approval of a class-action settlement under Federal Rule of Civil Procedure 23 without first intervening. Today, the California Supreme Court rejected that approach in Hernandez v. Restoration Hardware for class actions in California state courts. The court's ruling was premised […]

How student-loan debt got so big and some possible ways out

Law prof Ted Afield has written Compromising Student Loans, which explains why, in Afield's view, our student-loan programs do not properly assess a borrower's ability to pay back the loan. He also proposes a repayment program that he thinks would help borrowers who presently are unable to pay. Here is the abstract: Access to higher education […]