Senators Feinstein (D-CA) and Collins (R-ME) have introduced a bill entitled Personal Care Products Safety Act, which would gives the FDA significantly more authority over cosmetics and personal care products, including the authority to order recalls of dangerous products. The bill would require the FDA to review chemicals used in these products and to provide […]
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In last week's decision Byrd v. Aaron's, Inc., a unanimous panel of the Third Circuit reversed a district court's decision to deny class certification on ascertainability grounds. (You'll recall that ascertainability is the court-developed notion that a class must show an administratively feasible means of identifying class members; the test is particularly strict and plaintiff-unfriendly […]
…is the question analysis by this thoughtful piece in Vox (with an embedded clip from The West Wing, for those of you feeling nostalgic for a more harmonious time in government, however fictional). The occasion for the discussion is Sen. Rand Paul’s proposal to make college completely tax deductible. See whom that would help most, […]
John Oliver has this marvelously clear and detailed report on modern-day debtors’ prisons and how the combination of poor public policy, municipalities’ reliance on fines for their budgets, and private probation companies yields a legal system in which a minor infraction can ruin your life if you don’t have the money to pay the fine. […]
by Paul Alan Levy I have blogged several times (for example here and here) about the efforts of Hadeed Carpet Cleaning to compel Yelp to comply with a Virginia subpoena to identify seven consumers who posted critical reviews on Yelp. Our principal concern about the subpoenas was Hadeed did not claim that the gist of […]
Fivethirtyeight.com has a thoughtful analysis this week about "equal pay day," which is the day on which the earnings of the average woman who worked continuously from the beginning of 2014 would catch up to the earnings of the average man who started at the same time but stopped at the end of 2014. (Put […]
…is the message of a Public Citizen post yesterday on Buzzfeed, which points to five reasons that a disaster of the same magnitude could recur. The problems, mainly, are a lack of safeguards and the absence of accountability. Read the whole analysis here.
The Federal Trade Commission announced today that it will host a workshop "to examine competition, consumer protection, and economic issues raised by the proliferation of online and mobile peer-to peer business platforms in certain sectors of the economy, often referred to as the sharing economy.” The workshop will take place on June 9 in Washington, […]
The Bankruptcy Court for the Southern District of New York has issued a lengthy opinion—a whopping 138 pages—holding that General Motors is largely immune from claims based on its pre-bankruptcy conduct, including claims involving faulty ignition switches. The bankruptcy proceedings resulted in the creation of a new company, General Motors LLC (“New GM”), which bought […]
The Dodd-Frank law shouldn't be the end of Congress's financial reform efforts, argued Sen. Elizabeth Warren in a speech today at the Levy Economics Institute. Sen. Warren called for specific additional regulatory measures, including the breaking up of big banks, closing regulatory loopholes, imposing tougher punishments for wrongdoing, and limiting the Fed's emergency lending powers […]