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Revisiting the Enforceability of Class Action Waivers in Consumer Financial Contracts

USA - July 18 2017 On July 19, 2017, the Consumer Financial Protection Bureau (CFPB) published the final Arbitration Agreements Rule (the rule) that would impact the...

Melonia A. Bennett, Joel C. Griswold.

Concrete and Particularized Part II: What Spokeo May Mean for Class Actions

USA - May 20 2016 On May 16, 2016, the Supreme Court issued its long-awaited decision in Spokeo. In the 6-2 decision, the Supreme Court held that the Ninth Circuit’s...

Rand L. McClellan.

CFPB Proposes Ban to Mandatory Arbitration Provisions

USA - May 16 2016 On May 5, 2016, the Consumer Financial Protection Bureau (CFPB) announced the issuance of a Notice of Proposed Rulemaking (NPRM) soliciting comments...

Anthony M. Sharett, Douglas A. Vonderhaar, Brett A. Wall, Patrick T. Lewis, Melonia A. Bennett.

CFPB Says TRID Clarifications Are Imminent

USA - April 29 2016 On April 28, 2016, the Consumer Financial Protection Bureau (CFPB) issued a letter to industry trade members announcing its plan to issue a Notice of...

CFPB Announces $2.5 Million Fine, Compliance Monitoring for Deceptive Debt Collection Practices

USA - April 28 2016 On April 25, 2016, the Consumer Financial Protection Bureau (CFPB) entered into consent orders with a debt collection law firm, two of the firm’s...