On September 29, 2017, the U.S. Chamber of Commerce, the Texas Association of Business, and various other national and Texas statewide business organizations and trade groups (together, Plaintiffs) filed a federal lawsuit in...more
On July 10, 2017, in a surprise move, the Consumer Financial Protection Bureau (CFPB or Bureau) issued its long awaited final rule on arbitration (Final Arbitration Rule). This rule-making has been a lightning rod issue for...more
7/15/2017
/ Arbitration Agreements ,
Class Action Arbitration Waivers ,
Congressional Committees ,
Congressional Review Act ,
Consumer Credit Protection ,
Consumer Financial Contracts ,
Consumer Financial Protection Bureau (CFPB) ,
Debt Collectors ,
Debt Settlement Services ,
Final Rules ,
Mortgage Lenders ,
Mortgage Servicers ,
Obama Administration ,
Real Estate Professionals ,
Richard Cordray ,
Third-Party Service Provider ,
Trump Administration
Businesses across the country regularly bemoan the time and expense of litigation. Even when businesses are successful in defending non-meritorious consumer claims alleging unfair or deceptive practices, false advertising,...more
5/12/2017
/ Arbitration ,
Arbitration Agreements ,
Class Action Arbitration Waivers ,
CLRA ,
Consumer Financial Protection Bureau (CFPB) ,
Federal Arbitration Act ,
Injunctive Relief ,
PHH Corp. v CFPB ,
Statutory Damages ,
Statutory Rights ,
Unconscionable Contracts ,
Unfair Competition