Author Archives: Jeff Sovern

Bagchi: Standard Terms in Consumer Contracts in Comparative Contract Law

Aditi Bagchi of Fordham has written At the Limits of Adjudication: Standard Terms in Consumer Contracts in Comparative Contract Law  (eds. DiMatteo & Hogg, (UP, 2015).  Here is the abstract: This chapter first identifies three features of standard form contracts that challenge the classical theory of contract: standard terms lack of salience, consumers lack practical […]

Sheriff and the FDCPA’s Materiality Requirement

by Jeff Sovern Yesterday the Supreme Court decided the Sheriff case.  One oddity about the case has to do with whether immaterial misrepresentations give rise to liability under the FDCPA.  Several circuits have held that misrepresentations have to be material to generate FDCPA liability.  See, e.g., Donohue v. Quick Collect, Inc., 562 F.3d 1027 (9th […]

More Witnesses for House Arbitration Hearing Announced

The added witnesses are Jason S. Johnston of Virginia School of Law and Dong Hong, VP and Regulatory Counsel, Consumer Bankers Association. A link to Johnston's article on class actions is included in the post just below this one.  Johnston has previously criticized the Bureau's arbitration report and the Dodd-Frank mortgage restrictions. Neither witness seems likely to […]

Three Articles on Arbitration and Class Actions

Sarah Rudolph Cole has written The Federalization of Consumer Arbitration: Possible Solutions, University of Chicago Legal Forum No. 271. Here's the abstract: Over the past fifteen to twenty years, businesses dramatically increased the use of arbitration clauses in contracts with consumers. Although commentators criticize the use of arbitration to resolve consumer disputes because arbitration lacks the […]

House Financial Services Committee to Hold Hearing on CFPB Arbitration Rule

The title of the hearing is "Examining the CFPB’s Proposed Rulemaking on Arbitration: Is it in the Public Interest and for the Protection of Consumers?"  It will take place Wednesday, May 18. The witnesses seem not to have been announced, but given the composition of the Committee, I think we can anticipate the majority answering […]

Announcement for Students and Others: Antitrust and Consumer Protection State Legislation Monitoring Initiative

We have been asked to announce this to students: The Consumer Protection and Legislation Committees of the Section of Antitrust Law are looking for volunteers to monitor state antitrust and consumer protection legislative developments and when appropriate, draft short legislative updates to post on Connect.  The volunteer involvement will consist of monitoring antitrust and consumer […]

Law Professor Letter Supporting Arbitration Rule in the Works

by Jeff Sovern Jean Sternlight of UNLV is circulating an impressive and well-argued letter for law professors to sign supporting the CFPB's proposed arbitration regulation.  According to my count, 139 have already signed it.  If you would like to add your name to the list, please email Jean at jean.sternlight@unlv.edu no later than May 20.