Commercial Law & Contracts – May 23, 2012

by BuckleySandler LLP on 5/23/2012

On May 15, the CFPB published a notice and request for comment regarding its collection of information concerning the costs expected to be incurred by institutions required to comply with CFPB rules. The notice identifies...more

by McAfee & Taft on 5/18/2012

Originally published in The Journal Record - May 17, 2012. At first glance, email marketing campaigns may appear to be an ideal way to market your business: A business that engages in an email marketing campaign can...more

by Fraser Milner Casgrain LLP on 5/18/2012

So, what can Canada do to become a leader in e-commerce? Canada’s House of Commons Standing Committee on Industry, Science and Technology would like to offer some suggestions for how the Government can help and Industry...more

by Ballard Spahr LLP on 5/17/2012

On May 3, the Federal Trade Commission issued an advisory opinion interpretating its Holder Rule (officially titled the Trade Regulation Rule Concerning Preservation of Consumers’ Claims and Defenses). The Holder Rule...more

by Ballard Spahr LLP on 5/15/2012

The Federal Trade Commission has declared that a consumer’s right to an affirmative recovery under the Holder Rule is not limited to circumstances where the consumer can legally rescind the transaction or had purchased...more

by Quinn Emanuel Urquhart & Sullivan, LLP on 5/14/2012

Any company that stores or processes consumers’ personal information is at risk of suffering a data breach — and, potentially, defending a class action lawsuit. Class actions based on data breaches are increasingly common and...more

by BuckleySandler LLP on 5/14/2012

On May 10, the FTC released an advisory opinion affirming that the Holder in Due Course Rule does not limit or preclude a consumer’s right to recovery other than to restrict awards to monies paid under a contract. The opinion...more

by Davis Wright Tremaine LLP on 5/9/2012

The Consumer Financial Protection Bureau (“CFPB”) released its first “Consumer Response Annual Report” on March 31, 2012 (“Annual Report”), summarizing over 6,000 consumer credit card complaints that the CFPB received from...more