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Brian Wolfman
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Originally posted in Take Care Blog Law prof Mark Totten has written an interesting piece for the Take Care Blog entitled Proving that Mick Mulvaney Compromised CFPB Enforcement. We posted Tuesday about a Washington Post article, which cited Mark's data... Continue reading
Posted 5 days ago at CL&P Blog
That's the title of this essay by Christopher Ingraham, which focuses on a new Brookings study on race and wealth. Here's how the essay starts: There are a lot of reasons that home prices tend to be lower in black... Continue reading
Posted Nov 28, 2018 at CL&P Blog
That's the topic of this article by Karen Sloan. Here's an excerpt: A group of Harvard law students aims to pressure Kirkland & Ellis to drop its use of mandatory arbitration for employees by encouraging their classmates to boycott the... Continue reading
Posted Nov 14, 2018 at CL&P Blog
Read Wells Fargo says its promises to restore consumer trust were just ‘puffery.’ But now they look like lies by Michael Hiltzik. Here's an excerpt that sets the theme: If you’ve ever wondered how businesses can get away with making... Continue reading
Posted Nov 11, 2018 at CL&P Blog
We've posted many times on the NFL concussion class-action settlement. Go here, for instance. Now there's this story in USA Today saying that some injured former players who qualify for payments under the settlement are getting little or nothing after... Continue reading
Posted Oct 25, 2018 at CL&P Blog
We've posted here many times about the massive and growing student-loan debt in this country. Two new pieces might interest our readers. First, Maine is so interested in getting educated people to move to Maine that it will refund most... Continue reading
Posted Oct 25, 2018 at CL&P Blog
That's the topic of as Glass-Steagall's Demise Inevitable and Unimportant? by law prof Arthur Wilmarth. Here's the abstract: The demise of the Glass-Steagall Act was the result of affirmative policy decisions by federal regulators and Congress, and it was not... Continue reading
Posted Oct 23, 2018 at CL&P Blog
Law prof Albert Lin has written President Trump's War on Regulatory Science. Here is the abstract: The Trump administration has taken numerous actions that appear hostile to scientists, scientific research, and scientific data, leading some observers to assert that a... Continue reading
Posted Oct 10, 2018 at CL&P Blog
The Kentucky Supreme Court's unanimous decision is Northern Kentucky Area Development District v. Snyder. The first two paragraphs of the court's opinion summarizes its reasoning: Kentucky Revised Statute (“KRS”) 336.700(2) prohibits employers from conditioning employment on an existing employee’s or... Continue reading
Posted Oct 5, 2018 at CL&P Blog
California's net neutrality law was just signed into law. The Justice Department says it will sue to invalidate California's law on federal preemption grounds. Read about it here. Continue reading
Posted Oct 1, 2018 at CL&P Blog
That's the topic of this article by consumer reporter Michelle Singletary. It includes this hypothetical underscoring how the cost of credit can differ based on one's credit score: Let’s look at a person taking out an auto loan who has... Continue reading
Posted Sep 23, 2018 at CL&P Blog
Law prof Richard Frankel has written The Federal Arbitration Act and Independent Contractors, which takes up an issue before the Supreme Court in New Prime v. Oliveira. Here's the abstract of Frankel's article: The misclassification of employees as independent contractors... Continue reading
Posted Sep 12, 2018 at CL&P Blog
In a new article, The Discovery Tax, law prof Brian Fitzpatrick proposes a litigation discovery tax. Generally, the scheme would impose more tax on consumer, civil-rights, and other plaintiffs (because plaintiffs tend to have more to discover from defendants than... Continue reading
Posted Sep 4, 2018 at CL&P Blog
That's the topic of A New Legal Framework for Employee and Consumer Arbitration Agreements by law prof Imre Szalai. Here's the abstract: If an arbitration clause in an employment or consumer agreement contains a harsh term, such as an abbreviated... Continue reading
Posted Aug 22, 2018 at CL&P Blog
That's the headline of this article by Kevin Breuninger's piece. Here are the key take-aways of Breuninger's piece: Sen Warren proposes a new bill that would ban members of Congress and the White House staff from owning individual stocks. As... Continue reading
Posted Aug 21, 2018 at CL&P Blog
Michael Hiltzik's column, titled Bankruptcy is hitting more older Americans, pointing to a retirement crisis in the making, surveys a new report about the growing number of bankruptcies filed by older people. One reason for this trend is that retired... Continue reading
Posted Aug 17, 2018 at CL&P Blog
The Economic Policy Institute has issued a report that looks at trends in chief executive officer (CEO) compensation. It looked at stock options realized, plus salary, bonuses, restricted stock grants, and long-term incentive payouts. It found: In 2017 the average... Continue reading
Posted Aug 16, 2018 at CL&P Blog
The Military Lending Act (MLA) is aimed at protecting service members from predatory loans and unfair financial products and services. (For instance, the MLA prohibits the use of arbitration agreements in most consumer credit contracts entered into by service members... Continue reading
Posted Aug 13, 2018 at CL&P Blog
Remember last May's decision in Epic Systems v. Lewis? There, the Supreme Court held that the Federal Arbitration Act demands enforcement of arbitration clauses against workers, including class-action and collective-action waivers contained in arbitration clauses, notwithstanding the Act's savings clause... Continue reading
Posted Aug 12, 2018 at CL&P Blog
Law prof Eric Goldman has written An Introduction to the California Consumer Privacy Act. Here's the abstract: After a mere week of deliberations, the California legislature passed the Consumer Privacy Act (CPA), a sweeping, lengthy (10,000 words!), insanely complicated, and... Continue reading
Posted Aug 7, 2018 at CL&P Blog
In a piece for the Washington Post wntitled In expensive cities, rents fall for the rich — but rise for the poor, Jeff Stein writes: U.S. cities struggling with soaring housing costs have found some success in lowering rents this... Continue reading
Posted Aug 6, 2018 at CL&P Blog
I thought our readers might be interested in this article by Peter Holley, which does a short survey of the state of the self-driving truck industry. While explaining that Uber is getting out of the self-driving business for now, the... Continue reading
Posted Aug 1, 2018 at CL&P Blog
As most of you likely know, Trump's Treasury Department has floated the idea of indexing capital gains to inflation, thereby reducing the tax due from owners of stocks and other investments when they sell those investments at a gain. (The... Continue reading
Posted Aug 1, 2018 at CL&P Blog
That's the name of this LA Times article by David Lazurus, which explains that Americans of all political stripes support a strong Consumer Financial Protection Bureau. A survey conducted for Americans for Financial Reform and the Center for Responsible Lending... Continue reading
Posted Aug 1, 2018 at CL&P Blog