In every corner of the world, women athletes are not just excelling in their sports – they're leading with resilience, determination, and unmatched excellence. The Olympic Games offered us a front-row seat to witness the...more
In 1972, Title IX was created to give women the same opportunities as men when it comes to participating in educational programs and activities. As we marked the 50th anniversary of Title IX in 2022, we chatted with some of...more
On June 25, 2021, the Supreme Court issued a significant ruling for businesses in TransUnion LLC v. Ramirez, validating TransUnion's standing challenge to class claims that it violated the Fair Credit Reporting Act (FCRA)....more
6/30/2021
/ Article III ,
Class Action ,
Class Members ,
Credit Reporting Agencies ,
Credit Reports ,
Fair Credit Reporting Act (FCRA) ,
Injury-in-Fact ,
SCOTUS ,
Standing ,
TransUnion ,
TransUnion LLC v Ramirez
Since 2005, Leo Bearman Jr., David Bearman and Kristine Roberts have led the efforts advocating for the City of Memphis and Memphis Light Gas and Water in Mississippi v. Tennessee. At issue has been groundwater in the...more
As a result of the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), more than 1.6 million businesses received $349 billion in forgivable loans to pay their employees and certain other operating expenses...more
Since its inception in 2005, the Baker Donelson Women's Initiative has included a mentoring component for the Firm's women attorneys. Over the years, our Women's Initiative has listened to the concerns of our women attorneys...more
The CFPB's acting director Mick Mulvaney made headlines a few months ago when he told the audience at an American Bankers Association meeting that he does not believe Dodd-Frank mandates making the database of consumer...more
Yesterday, the Consumer Financial Protection Bureau (CFPB) issued its long-anticipated final rule on arbitration clauses in contracts governing consumer financial products and services. While the CFPB is not banning...more
The CFPB's recently-announced proposal to limit arbitration clauses in consumer finance contracts has drawn thousands of comments from groups and individuals on both sides of this issue. The deadline for submitting comments...more
Today, the CFPB announced its proposed rule that would prohibit class action waivers in arbitration clauses in contracts governing consumer finance products. While the proposal does not include a complete ban on all...more
5/6/2016
/ American Express v Italian Colors Restaurant ,
Arbitration ,
Arbitration Agreements ,
Class Action ,
Class Action Arbitration Waivers ,
Consumer Contracts ,
Consumer Financial Products ,
Dodd-Frank ,
Financial Institutions ,
Financial Services Industry ,
Public Comment ,
Service Contracts
The CFPB recently announced its policy priorities for the next two years. There are not too many surprises, since the CFPB has been targeting most of these areas in recent months and years. Here's what the Bureau is planning,...more
3/15/2016
/ Class Action Arbitration Waivers ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Reports ,
Corporate Counsel ,
Debt Collection ,
FDCPA ,
HMDA ,
Mortgages ,
Popular ,
Student Loans ,
UDAAP ,
Young Lawyers
The CFPB's most recent Supervisory Highlights report, which covers the second half of 2014, confirms that the bureau is continuing an aggressive focus on debt collection, overdraft fees, mortgage origination, fair lending and...more
On June 18, 2014, CFPB Director Richard Cordray appeared before the House Financial Services Committee to testify about his agency's fifth Semi-Annual Report. As in past hearings, Cordray and House Republicans clashed over...more
On January 28, 2014, CFPB Director Richard Cordray appeared before the House Financial Services Committee to testify about his agency's fourth Semi-Annual Report. Cordray's written testimony and opening remarks at the hearing...more