Yesterday, the Consumer Financial Protection Bureau (CFPB) issued its long-anticipated final rule on arbitration clauses in contracts governing consumer financial products and services. While the CFPB is not banning...more
Today, the CFPB announced its proposed rule that would prohibit class action waivers in arbitration clauses in contracts governing consumer finance products. While the proposal does not include a complete ban on all...more
5/6/2016
/ American Express v Italian Colors Restaurant ,
Arbitration ,
Arbitration Agreements ,
Class Action ,
Class Action Arbitration Waivers ,
Consumer Contracts ,
Consumer Financial Products ,
Dodd-Frank ,
Financial Institutions ,
Financial Services Industry ,
Public Comment ,
Service Contracts
The CFPB recently announced its policy priorities for the next two years. There are not too many surprises, since the CFPB has been targeting most of these areas in recent months and years. Here's what the Bureau is planning,...more
3/15/2016
/ Class Action Arbitration Waivers ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Reports ,
Corporate Counsel ,
Debt Collection ,
FDCPA ,
HMDA ,
Mortgages ,
Popular ,
Student Loans ,
UDAAP ,
Young Lawyers