Analysis and Briefs Responding to Supreme Court’s Spokeo Ruling
Hundreds of federal cases seeking statutory damages now must respond to standing arguments being raised in light of the Supreme Court’s May 16 Spokeo decision. This article contains links (for subscribers and even non-subscribers) to statute-specific Spokeo analyses and Spokeo-related briefs
NCLC’s New Consumer Bankruptcy Treatise in Print and Online
Eleventh edition of Consumer Bankruptcy Law and Practice (2 vol.) (1568 pp.) now released in print and online. Click here to redeem a coupon for a special $117 price and for highlights, including detailed guidance completing the new official forms and 170 sample pleadings in Word.
Supreme Court: No FDCPA Violation for Special Counsel’s Use of AG Letterhead
On May 16, the Supreme Court held it was not deceptive under the FDCPA for a special counsel to use, with authorization, the state attorney general’s letterhead when collecting debts for the state. For more, see this article.
CFPB Proposed Rule: No Mandatory Arbitration for Class Actions
The Consumer Financial Protection Bureau on May 5 released its proposed rule that would largely eliminate mandatory arbitration of financial services class actions. A summary of the proposal and a listing of other limits on mandatory arbitration is found here.
NY Times Highlights Exploding New Type of Mortgage Abuse
A lead NY Times editorial and report highlight hedge funds’ abusive sales of foreclosed homes through land installment contracts, also known as contracts for deed. For remedies to fight this new (old) scam, see Mortgage Lending ch. 12 (online only) and Foreclosures and Mortgage Servicing ch. 14.
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