Russell M. Gold of NYU and Wake Forest has written Compensation's Role in Deterrence, forthcoming in 91 Notre Dame Law Review (2016). Here is the abstract: There are plenty of non-economic reasons to care whether victims are compensated in class actions. The traditional law and economics view, however, is that when individual claim values are […]
Howard M. Erichson of Fordham has written Aggregation as Disempowerment, 92 Notre Dame Law Review (Forthcoming). Here is the abstract: Class action critics and proponents cling to the conventional wisdom that class actions empower claimants. Critics complain that class actions over-empower claimants and put defendants at a disadvantage, while proponents defend class actions as essential to […]
Researchers at George Washington University have found that "people who eat fast food tend to have significantly higher levels of certain phthalates, which are commonly used in consumer products such as soap and makeup to make them less brittle but have been linked to a number of adverse health outcomes, including higher rates of infertility, especially […]
According to a report in HousingWire, Is TRID hysteria over? Time to close drops to 12-month low, the new TILA/RESPA closing disclosures are not delaying mortgage closings. The story explains "lenders now have this whole TRID thing figured out, as the time to close a loan fell to a 12-month low in March." The TRID […]
More than 300 kids have been killed and almost that many seriously injured when they've gotten tangled up in blind cords, the Post reports. It describes the deaths in chilling fashion: "The deaths are fast and silent. Often, the parent is in the same room and turns away to change a channel or put away […]
Borrowers who obtain loan forgiveness based on disability or families who have student debt discharged based on the death of a child have to pay taxes on that benefit under current law. Now three senators are pushing for relief. Marketwatch reports, citing the example of "a Maine couple who were able to have their son’s […]
As we've discussed, poor people across the country face incarceration for minor offenses because they can't pay fines and fees. (See here, for instance.) On a more hopeful note, check out the recent op-ed in the Post by Texas municipal court Judge Ed Spillane. Entitled "Why I refuse to send people to jail for failure […]
Here. Because the Bureau usually combines field hearings with announcements of related developments, it is likely to announce its proposed arbitration rules that day.
Following up on Brian's illuminating post earlier this week about the widening gap in life expectancy between the rich and the poor, two other articles discussing health and the economic divide are worth a read. First, the New York Times, drawing on the same research that Brian flagged, concludes: "The Rich Live Longer Everywhere. For the […]
Bartik and Nelson have written Credit Reports as Résumés: The Incidence of Pre-Employment Credit Screening. Here is the abstract: We study recent bans on employers' use of credit reports to screen job applicants – a practice that has been popular among employers, but controversial for its perceived disparate impact on racial minorities. Exploiting geographic, temporal, and […]