LA-based commercial litigator Arsen Kourinian has provided us with some timely notes from last week’s consumer finance litigation conference in Chicago:
On July 16 and 17, 2018, the American Conference Institute (ACI) hosted its 30th National Forum on Consumer Finance Class Actions and Government Enforcement in Chicago. The 2018 conference was well attended by…
Charlotte litigation and regulatory partner Joshua Davey provides an update on the many varied comments submitted to the Consumer Financial Protection Bureau in response to the new rule it proposed in May prohibiting class action waivers in arbitration clauses.
Hat tip to our sibling blog, Subject to Inquiry, for such timely coverage.
Today the Consumer Financial Protection Bureau announced that it is issuing and seeking public comment on new proposed regulations that would prohibit providers of certain consumer financial products and services from including mandatory arbitration clauses that preclude class-action lawsuits in their consumer contracts.
The proposed rules, which were authorized by Section 1028 of the Dodd-Frank…
