. . . and finds Pennsylvania's law wanting in his column, N.J. wrong to consider weakening consumer protection. An interesting natural experiment.
Author Archives: Jeff Sovern
by Jeff Sovern Elayne Greenberg, Paul Kirgis, Yuxiang Liu, and I have posted a draft of our article, "Whimsy Little Contracts" with Unexpected Consequences: An Empirical Analysis of Consumer Understanding of Arbitration Agreements, to the web. Here's the abstract: Arbitration clauses have become ubiquitous in consumer contracts. These arbitration clauses require consumers to waive the […]
Here. New School professor Lisa Servon, based on her forthcoming book.
Cheryl B. Preston of Brigham Young has written 'Please Note: You Have Waived Everything': Can Notice Redeem Online Contracts? Forthcoming in the American University Law Review. Here is the abstract: Online consumers are largely unaware of the extent to which their actions are governed by legal terms in the form of clickwraps or browsewraps. These contracts […]
Here. An excerpt: There's been a concerted move to the right by the banking industry since the passage of the Dodd-Frank Act in 2010. The industry already tilted slightly Republican for years, but there's been a more distinctive shift over the past two election cycles. Employees and PACs representing the financial sector have given 62% […]
Bloomberg story here, and here is one from InsideArm.com.
Nathalie Martin of New Mexico has written Public Opinion and the Limits of State Law: The Case for a Federal Usury Cap, 34 North Illinois University Law Review (2014). Here's the abstract: This Article calls on Congress to set a federal interest rate cap of 36%, applicable to all loans. Part II of this Article briefly describes […]
by Jeff Sovern This is not consumer law, but perhaps readers of the blog will appreciate some Civil Procedure humor. I asked my CivPro students to write haikus about the course. Some samples: Minimum contacts Then to hell with sovereignty Now it's personal! I think about you In substance and procedure Isn't that Erie? […]
Catherine Lee Wilson of Nebraska has written Making Prepaid Safe for Consumers: A Framework for Providing Deposit Insurance and Regulation E Protections, Forthcoming in the University of Pennsylvania Journal of Business Law. Here's the abstract: General purpose reloadable prepaid cards are part of a larger trend toward a cashless society. This market offers significant benefits […]
by Jeff Sovern Here. Disclosure: the story quotes me and discusses my article on cooling-off periods.