The Supreme Court has granted review in Rotkiskie v. Klemm. The question presented in the 8-page (!) petition for a writ of certiorari is whether the “discovery rule” applies to toll the one (1) year statute of limitations under the Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. §§ 1692, et seq., as the Fourth […]
Andrew T. Hayashi of Virginia has written Consumer Law Myopia. Here is the abstract: People make mistakes with debt, partly because the chance to buy now and pay later tempts them to do things that are not in their long-term interest. Lenders sell credit products that exploit this vulnerability. In this Article, I argue that critiques […]
by Jeff Sovern A post inspired by a question I heard Kathleen Engel ask: every year second-year students ask professors for suggestions for topics to write about for law reviews. Law professors and other lawyers also cast about for article topics. Meanwhile, administrative agencies often confront questions about what the law is or how it […]
According to a report issued by the Federal Trade Commission last week, between July 1, 2017 and June 30, 2018, the agency’s law enforcement actions yielded more than $2.3 billion in refunds to defrauded consumers, including $122 million mailed directly by the FTC to 2.2 million people. The report is here.
That's the name of this story by Elizabeth Dwoskin. Here's an excerpt: Last May, officials in Midlothian, Texas, a city near Dallas, approved more than $10 million in tax breaks for a huge, mysterious new development across from a shuttered Toys R Us warehouse. … The developer, which incorporated with the state four months earlier, went […]
Law profs Charlie Silver, David Hyman, and Bernard Black have published Fictions and Facts: Medical Malpractice Litigation, Physician Supply, and Health Care Spending in Texas Before and after HB 4. Note the study's findings in the abstract below: This article, written for a symposium issue of the Texas Tech Law Review, summarizes our research on […]
That's the topic of a bluntly-titled article — Taxing Rich Dead People to Tackle Student Loan Debt — by law prof Victoria J. Haneman. The abstract follows. (Note in particular the stats in the second paragraph of the abstract concerning Millennials' financial situation.) Once upon a time, there was a generation of indentured servants called […]
The University of Michigan Center for Finance, Law and Policy is holding a conference titled Consumer Protection in an Age of Uncertainty on March 21 and 22. It's great that there will be two excellent consumer law academic conferences in so short a span!
The Berkeley Center for Consumer Law & Economic Justice is holding its Consumer Law Scholars Conference on Thursday and Friday. More information, including the papers to be discussed, here. The Conference has an impressive list of participants and it promises to be a terrific event.
Natasha Sarin of Penn has written Making Consumer Finance Work. Here's the abstract: The financial crisis exposed major faultlines in banking and financial markets more broadly. Policymakers responded with far-reaching regulation that created a new agency—the CFPB—and changed the structure and function of these markets. Consumer advocates cheered reforms as welfare-enhancing, while the financial sector declared […]