Texas AG Paxton goes to bat to protect First Amendment rights of a Texas resident

By Steve Gardner Spoiler alert: The resident is ExxonMobil, which is fighting a subpoena (probably a Civil Investigative Demand) by the AG of the Virgin Islands seeking to find out about Exxon's role in climate change. The VI AG is working with an excellent plaintiff firm, Cohen Milstein, to represent the VI. The State of Texas (joined by […]

More Witnesses for House Arbitration Hearing Announced

The added witnesses are Jason S. Johnston of Virginia School of Law and Dong Hong, VP and Regulatory Counsel, Consumer Bankers Association. A link to Johnston's article on class actions is included in the post just below this one.  Johnston has previously criticized the Bureau's arbitration report and the Dodd-Frank mortgage restrictions. Neither witness seems likely to […]

Three Articles on Arbitration and Class Actions

Sarah Rudolph Cole has written The Federalization of Consumer Arbitration: Possible Solutions, University of Chicago Legal Forum No. 271. Here's the abstract: Over the past fifteen to twenty years, businesses dramatically increased the use of arbitration clauses in contracts with consumers. Although commentators criticize the use of arbitration to resolve consumer disputes because arbitration lacks the […]

House Financial Services Committee to Hold Hearing on CFPB Arbitration Rule

The title of the hearing is "Examining the CFPB’s Proposed Rulemaking on Arbitration: Is it in the Public Interest and for the Protection of Consumers?"  It will take place Wednesday, May 18. The witnesses seem not to have been announced, but given the composition of the Committee, I think we can anticipate the majority answering […]

CFPB sues payday lender over deceptive practices

The Consumer Financial Protection Bureau filed suit this week against All American Check Cashing, Inc., which offers check cashing and payday loans, and its owner, for allegedly tricking and trapping consumers. The complaint alleges that All American tried to keep consumers from learning how much they would be charged to cash a check and used […]

Court of Appeals reinstates class action against Dept of Education over student-loan discharge

The Second Circuit Court of Appeals held yesterday that a class-action lawsuit against the Department of Education by former students of a now-defunct for-profit beauty school can proceed. The students sued the Department for aggressive collection tactics against students who likely had the right to discharge their loans.   Courthouse News offers this summary:     Former […]

Announcement for Students and Others: Antitrust and Consumer Protection State Legislation Monitoring Initiative

We have been asked to announce this to students: The Consumer Protection and Legislation Committees of the Section of Antitrust Law are looking for volunteers to monitor state antitrust and consumer protection legislative developments and when appropriate, draft short legislative updates to post on Connect.  The volunteer involvement will consist of monitoring antitrust and consumer […]