The Center for Auto Safety, the nation’s leading independent non-profit organization providing consumers a voice for auto safety, quality, and fuel economy, has announced the appointment of Jason K. Levine as its new Executive Director. Mr. Levine succeeds Clarence M. Ditlow III, who led the Center for 40 years, until his death last November. Mr. […]
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Law prof James Henderson says nope in The Impropriety of Punitive Damages in Mass Torts. Here is the abstract: Punitive damages have been around for centuries in classic one-on-one tort actions and are here to stay. Mass torts, of more recent origin and not without difficulties, have matured to the point that this article is comfortable […]
That's the thrust of this American Banker article (possibly behind a paywall). Here is an excerpt: Consumer groups have long denounced the influence of big banks and for-profit companies on agency rulemakings, often pointing to the number of meetings held between regulators and institutions about a proposal. Now, in an ironic twist, payday lenders and supporters of […]
That's the name of this article by consumer reporter Michelle Singletary. Here are excepts: Outstanding consumer revolving debt — mostly credit card debt — hit an all-time peak of $1.021 trillion in June, according to the Federal Reserve. This should be a scary statistic. The last time the debt level was nearly this high was in 2008, […]
So, you didn't predict that Trump would turn his sickening response to the white nationalist terror attack in Charlottesville into a faux pro-consumer attack on high prescription-drug prices? Me neither. Here goes: As this article by Glenn Thrush explains, "Merck’s chief executive, Kenneth C. Frazier, resigned from the president’s American Manufacturing Council on Monday, saying he objected to the […]
Eric Helland, Daniel Klerman, Brenda Dowling, and Alexander Kappner have written Contingent Fee Litigation in New York City. The authors were able to conduct this study because, by court rule, lawyers practicing in parts of New York City must file data about contingent-fee settlements. (I wonder why other courts don't require the same.) One thing I […]
by Paul Alan Levy On Friday morning, a panel at the annual meeting in New York of the Association of Professional Responsibility Lawyers will be discussing an issue dear to the heart of blawgers who discuss subjects that make powerful figures in their own areas uncomfortable – to what extent should lawyers be subject to […]
by Jeff Sovern The title of the piece, in The New Republic, is The Left’s Misguided Debate Over Kamala Harris. Perhaps non-Californians will be less interested in the parts about Kamala Harris and more interested in the parts about foreclosure victims (recall that Dayen wrote the excellent book Chain of Title about the foreclosure crisis). Here […]
From an op-ed by Janis Kestenbaum, formerly of the Federal Trade Commission, in The Hill today: While children may be fans of talking dinosaurs, robots and stuffed animals, the federal government appears to have its concerns. At least that is the suggestion from a warning to parents from the Federal Bureau of Investigation that came […]
That's the name of this article by law prof David Noll. Here is the abstract: One of the most important battles currently being fought in the United States' "arbitration wars" involves regulation by federal administrative agencies. Since 2014, the Consumer Financial Protection Bureau, National Labor Relations Board, Center for Medicare and Medicaid Services, and Departments of Defense, […]