by Deepak Gupta If you'll be in New Orleans tomorrow (Friday, Nov. 15), I hope you'll drop by the Hyatt French Quarter for the Louisiana Bar's consumer law seminar. Among other things, Professor Dalie Jimenez of the University of Connecticut (a former CFPB colleague) will discuss her research on debt buyers. At 4pm, you can watch […]
Jeff posted earlier about settlement of the Mt. Holly case shortly before argument in the Supreme Court. The case presented the question whether disparate impact claims may be brought under the Fair Housing Act, which prohibits housing discrimination (or, on the other hand, whether plaintiffs must show intentional discrimination to prevail under the Act). There […]
Last week, the Supreme Court heard oral argument in Mississippi ex rel. Hood v. AU Optronics Corp., which presents the question whether a state’s parens patriae suit may be removed as a “mass action” under the Class Action Fairness Act when the state is the sole plaintiff, the claims arise under state law, and the state […]
Lawyers for consumers and other plaintiffs have long complained that the Supreme Court's cases making summary judgment and dismissal easier to obtain have had adverse effects on their clients. That's not surprising. (For instance, it is the plaintiff who will be on the losing end of a successful motion to dismiss.) Now, law professors Kevin […]
So reports Carter Dougherty of Bloomberg. No link available yet. The case, which the Supreme Court would have heard arguments in next month, presented the issue of whether the disparate impact test can be used in FHA cases .
by Jeff Sovern Last week, the Wall Street Journal published a piece about the CFPB's public database of consumer complaints. This excerpt particularly caught my eye: The agency's approach rankles some in the financial industry who say the publication of complaints leads to an unfair and overly negative view of companies. They fault the CFPB […]
An NPR economic reporter sent an online request for a $500 payday loan to see what happened. So what happened? A barrage of contacts, by phone and email, seeking to lend her all kinds of amounts, as high as ten times the amount she asked for, and at interest rates as high as 1300%. But […]
That is the name of this article by law professor Mark Moller. Here is the abstract: The Supreme Court’s 2011 decision, Wal-Mart Stores, Inc. v. Dukes, drew heavily on the work of the late Professor Richard Nagareda. In a series of seminal articles, Professor Nagareda urged courts to treat class action procedure as a handmaiden […]
Scott Savage and Donald M. Waldman , both of the University of Colorado at Boulder – Department of Economics, have written The Value of Online Privacy. Here is the abstract: We estimate the value of online privacy with a differentiated products model of the demand for Smartphone apps. We study the apps market because it […]
As this article from late last week explains, a new study of the effects of the 2009 Credit Card Accountability Responsibility and Disclosure (CARD) Act finds that the Act is saving consumers more than $20 billion dollars a year by placing limits on certain credit card company practices that could lead to surprise fees for […]