That's the title of this article about binding consumer arbitration by Lina Khan, a reporter and policy analyst with the Markets, Enterprise and Resiliency Initiative at the New America Foundation. I was alerted to this article by arbitration expert Paul Bland at Public Justice. Paul called it "one of the best pieces of journalism ever […]
Here's what the White House says about the President's action yesterday on student loans: More students than ever before are relying on student loans to pay for their college education. 71 percent of students earning a bachelor's degree graduate with debt, averaging $29,400. While most students are able to repay their loans, many feel burdened […]
by Paul Alan Levy Last week, the pre-campaign PAC promoting Hillary Clinton's presidential candidacy, Ready for Hillary, demanded that both Zazzle and CafePress, the rival print-to-order companies that designers use to fill orders for Tshirts and other paraphernalia displaying their designs, stop selling material displaying the following design: The design, created by Liberty Maniac’s Dan […]
That's the question discussed in Taxing the Unheavenly Chorus: Why Section 501(c)(6) Trade Associations are Undeserving of Tax Exemption by law professor Philip Hackney. Here is the abstract: Our federal, state, and local governments provide a subsidy that enhances the political voice of business interests. This article discusses the federal subsidy for business interests provided […]
by Jeff Sovern A lot has happened in consumer law in the last half-dozen years: To name only some of the highlights. consumer protection failures contributed to the Great Recession; Congress passed the Credit CARD Act in 2009 and the Dodd-Frank Act in 2010; Congress created the Consumer Financial Protection Bureau, which has in turn […]
Daniel A. Austin of Northeastern has written Student Loan Debt in Bankruptcy: An Empirical Assessment, forthcoming in the Suffolk Law Review. Here's the abstract: Education loan debt in the U.S. recently reached $1.2 trillion. Thirty-nine million Americans — nearly 20% of U.S. households — owe student loans, and student loans are by far the fastest […]
by Deepak Gupta The payday lenders' main trade association, the Community Financial Services Association, brought an unusual lawsuit this week against three federal regulators — the Fed, the FDIC, and the OCC — in an effort to challenge a controversial federal initiative known as "Operation Choke Point." The case was filed in federal district court […]
by Paul Alan Levy Michael Chichester, an Arizonan who does social media promotion on a contract basis for various firms, was annoyed when he saw an announcement from Santy Integrated, a local advertising company, recruiting "social media interns" to help promote its clients’ brands on a volunteer basis. It was his belief — which seemed to […]
Chris Jay Hoofnagle and Jennifer M. Urban, both of Berkeley, have written Alan Westin's Privacy Homo Economicus, 49 Wake Forest Law Review 261 (2014). Here's the abstract: Homo economicus reliably makes an appearance in regulatory debates concerning information privacy. Under the still-dominant U.S. “notice and choice” approach to consumer information privacy, the rational consumer is […]
by Paul Alan Levy At a time when many federal agencies are moving to exert greater control over their names and seals, both seeking to monetize them as well as to engage in old-fashioned trademark bullying, it is nice to see that the Department of Health and Human Services has decided to pull back from […]