Another Study Finds Credit CARD Act Saves Consumers Money

Sumit Agarwal of the National University of Singapore, Souphala Chomsisengphet of the Office of the Comptroller of the Currency, Neale Mahoney of Chicago's Booth School of Business and the National Bureau of Economic Research and Johannes Stroebel, an NYU finance professor have written Regulating Consumer Financial Products: Evidence from Credit Cards.  Here is the abstract: […]

NCLC report: Urgent need for reform of state property exemption laws to free up courts and protect basic family assets

New NCLC survey finds that none of the U.S. state’s property exemption laws meet basic standards so that debtors can continue to work productively to support themselves and their families. States’ archaic exemption laws fuel the fast-growing debt buyer industry which churns out old and often poorly documented judgments that abuses the court system. Recommendations for reform are included.

Should parents be held liable for the consequences of failing to have their kids vaccinated?

Vaccinations generally benefit society. If kids are not vaccinated because their parents won't allow it, the kids may become ill as a result (of course), and the kids may also infect other people. Should parents be held liable for injuries to others caused by exposure to their unvaccinated kids? Liability would not only compensate the […]

Jennifer Martin Paper on Self-Help Repossession

Jennifer S. Martin of St. Thomas has written The Repo Man Did What? A Secured Creditor's Article 9 Right to Repossess Collateral and When Lenders Have Liability for Repossessions Gone Awry, 28-5 Commercial Damages Reporter 1 (2013). Here's the abstract:   This Article observes that there is not a clear consensus among courts in how […]

Article on Behavioral Economics and Consumer Credit

Ryan Bubb and Richard H. Pildes, both of NYU, have written How Behavioral Economics Trims Its Sails and Why, 127 Harvard Law Review (2014).  Here's the abstract: This article argues that the preference of behavioral law and economics (BLE) for regulatory approaches that preserve “freedom of choice” has led to incomplete policy analysis and ineffective […]

Margaret Kwoka’s new article on the Freedom of Information Act

Former Freedom of Information Act litigator and now law prof Margaret Kwoka has been writing articles on the Act. Read Margaret's most recent: Unconstrained Deference, Chenery, and FOIA. Here's the abstract: Litigation fails adequately to check agency secrecy decisions under the Freedom of Information Act (FOIA). To vindicate the public’s right to know what its […]

9th circuit follows Justice Kagan’s dissent in Genesis HealthCare

by Brian Wolfman Last April, the Supreme Court decided Genesis HealthCare v. Symczyk, which held that an opt-in collective action brought under the Fair Labor Standard Act was moot on the assumption that an unaccepted offer from the defendant to the lead plaintiff of "complete relief" mooted the lead plaintiff's individual claim. (The Court made […]