News & Analysis as of

Holder Rule

Will Assignee Liability Increase as FTC Seeks Comments on the Holder Rule?

by K&L Gates LLP on

The “Adam’s Rib” of assignee liability ? the “Holder Rule” issued by the Federal Trade Commission (“FTC”) in 1976 ? is up for review. Imposing liability on innocent purchasers of consumer credit loans for the legal violations...more

FTC seeks comments on preservation of consumer claims and defenses rule

by Ballard Spahr LLP on

In a Federal Register notice on December 1, 2015, the Federal Trade Commission announced that it is undertaking a review of its Trade Regulation Rule concerning the Preservation of Consumers’ Claims and Defenses (commonly...more

Comments Sought on Cost, Benefit of FTC’s Holder Rule

by Ballard Spahr LLP on

Since the early 1990s, the Federal Trade Commission (FTC) has conducted periodic reviews of its numerous trade regulation rules and industry guides in order to, in its words, “ensure that they enhance consumer welfare without...more

Federal Trade Commission Solicits Comments on Holder Rule

The Federal Trade Commission (FTC) just published a request for public comments on the economic impact of and continuing need for the Trade Regulation Rule Concerning Preservation of Consumers’ Claims and Defenses, commonly...more

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