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Richard Alderman
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Surprise--A study finds the Supreme Court is friendly to business.
Sunday's New York Times has a nice article discussing a recent study prepared by Lee Epstein, who teaches law and political science at the University of Southern California; William M. Landes, an economist at the University of Chicago; and Judge... Continue reading
Posted May 6, 2013 at CL&P Blog
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What is most neglected area of legal scholarship? [Surprise--Consumer]
A recent post from Brian Leiter's blong, "Law School Reports": So which areas of law deserve more attention in the legal academy? The results of our earlier poll, with over 200 votes cast: 1. Consumer Law (Condorcet winner: wins contests... Continue reading
Posted Apr 19, 2013 at CL&P Blog
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Harvard offering free online courses.
If you didn't get to take all the courses you wanted while in law school, Harvard has a deal for you. Harvard Law School is now accepting applications for its first online course via edX—a new online education venture between... Continue reading
Posted Jan 1, 2013 at CL&P Blog
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What does the identity theft report really tell us?
A recent post by Jeff Sovern discusses a Department of Justice Report indicating that identity theft is on the rise, and the amount of loss suffered as a result of identity theft is increasing. These are alarming statistics. But a... Continue reading
Posted Nov 18, 2012 at CL&P Blog
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Cooley lawsuit dismissed.
The lawsuit brought by former law students against Thomas M. Cooley Law School has been dismissed. While this probably doesn’t come as a surprised to most, the court’s reasoning is interesting, and gives some hope to similar lawsuits in other... Continue reading
Posted Jul 22, 2012 at CL&P Blog
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The times they are a changing...
For several years now, I have been teaching American consumer law at various law schools around the world. One of the things I have noticed, and often comment on, is the difference between how private and public enforcement is used.... Continue reading
Posted Jul 19, 2012 at CL&P Blog
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Law Schools Shrinking?
A Wall Street Journal article reports that at least ten law schools are reducing the size of this year’s incoming class. My guess is that the number is actually higher. The reasons given for the reductions are generally described as... Continue reading
Posted Jun 15, 2012 at CL&P Blog
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Fraud Center Network—An unregulated consumer-reporting agency?
I recently received a complaint from a consumer about the Fraud Center. He told me that he had a problem with a company he was dealing with not performing as promised, so he reported it to PayPal and it reversed... Continue reading
Posted May 11, 2012 at CL&P Blog
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Deepak,
You have done a great job and will be missed. As soon as you get settled I expect to see you guest blogging. Best of luck with the CFPB.
Richard
Moving on to the CFPB
Dear Consumer Law & Policy Blog readers, In September 2006, Jeff Sovern and I decided to start this blog as co-coordinators -- an outgrowth of a discussion we had at Richard Alderman's consumer law conference at the University of Houston Law School. As we explained in our first post, we had i...
As the article notes, the Class Action Fairness Act requires higher scrutiny of coupon settlements. It also limits attorney's fees, based on the coupons redeemed:
‘‘(a) CONTINGENT FEES IN COUPON SETTLE5MENTS.—If a proposed settlement in a class action provides for a recovery of coupons to a class member, the portion of any attorney’s fee award to class counsel that is attributable to the award of the coupons shall be based on the value to class members of the coupons that are redeemed.
Coupon Settlements
Michelle Singletary at the Washington Post tells us about a bad class action coupon settlement, where, if the settlement is approved, the named plaintiffs get cash, the class lawyers get a lot of cash, and the harmed class members get nothing except the opportunity to do business with the same c...
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