Read Steven Lane's piece in The Hill entitled Trump signs repeal of auto-loan policy that targeted racial bias. Acting CFPB director Mick Mulvaney is pleased. In a press release issued today, Mulvaney "thanks the President and the Congress" for nixing the CFPB's policy because the agency had acted "outside of federal statutes." "As an executive agency," Mulvaney says, "we […]
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In a 5-4 opinion this morning, the Supreme Court continued its string of pro-arbitration decisions. In Epic Systems v. Lewis, the Court held that arbitration agreements that ban collective proceedings do not violate the federal labor laws’ protection of concerted worker action. Instead, the Court held, the Federal Arbitration Act requires enforcement of those bans […]
The Vatican called for "a new regulation of financial activities" in on Thursday a broad and harsh critique of the international financial system that emphasized the need for higher ethical standards since the housing market crash in the last decade. The new document released by the Vatican, approved by Pope Francis, calls out the post-2008 […]
The Senate today approved a resolution to nullify the Federal Communications Commission's decision to undo the net neutrality rule.The House, however, is not expected to take up the resolution. NPR has the story, here.
The Washington Post has a story today about the growing problem of car repossessions in the United States and the ways that technology is being used to make repossessions “ruthlessly efficient.” The full article is here and is worth the read, but here are some highlights: “No longer tethered to a tow truck and able […]
Following up on yesterday's post on whether Congress will demand disclosure of plaintiffs'-side outside litigation funding in class actions and MDLs, Amanda Bronstad has this piece collecting various opinions from litigators, experts, and the like on the topic more generally.
Many of our readers are consumer class-action litigators or interested in litigation more generally. So I thought it was worth mentioning Senator Chuck Grassley's legislation, introduced last week, that would require disclosure of outside litigation funding in multi-district litigation and in class actions generally (that is, in class actions both inside and outside multi-district litigation). […]
The New York Times reports that members of a special team at the Education Department that had been investigating widespread abuses by for-profit colleges have been marginalized, reassigned or instructed to focus on other matters, according to current and former employees. The unwinding of the team has effectively killed investigations into possibly fraudulent activities at […]
Federal consumer watchdog plays down changes to its student protection unit From the Washington Post: A federal consumer watchdog Thursday played down controversial plans to fold the student arm of the agency into another office, following the leak of a memo outlining the move. Mulvaney sent a memo Wednesday informing staffers of a reorganization that […]
The Sixth Circuit today decided Health One Medical Center v. Mohawk, a mighty strange case under the Telephone Consumer Protection Act (the federal anti-junk-fax statute). The first paragraph of Judge Kethledge's opinion sums it up: Some questions seem to arise only in class-action lawsuits. Here, a seller of prescription drugs sent junk faxes to various medical […]