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Tribal lender Western Sky getting out of payday loan business 27 Aug 2013 | 04:13 pm
Yesterday, we told you about declaratory judgment suits by Native American tribes against New York regulators seeking the right to make otherwise usurious payday loans on the ground that the tribes' s...
Tribal payday lenders sue NY financial regulator 26 Aug 2013 | 06:40 pm
On August 6, New York's financial regulatory agency took aim at online payday lenders, who "offer short-term loans at interest rates that often exceed 500 percent annually." As the New York Times repo...
NY Attorney General: Donald Trump's university scammed students 26 Aug 2013 | 06:00 pm
As you may have read, and as described in this article by Michael Gormley, "New York's attorney general sued Donald Trump for $40 million Saturday, saying the real estate mogul helped run a phony 'Tru...
"New York State of Health" 26 Aug 2013 | 10:52 am
That's the tagline for New York's health care marketplace established under the Affordable Care Act. New York is one of 14 states that has created a variety of health plans for uninsured people availa...
President Obama says law schools should ditch the third year to save students money 24 Aug 2013 | 02:05 am
Beginning his remarks by saying that "[t]his is probably controversial to say, but what the heck, I'm in my second term so I can say it," President Obama said today that law school should probably be ...
Excellent First Amendment whistleblower ruling from the Ninth Circuit 23 Aug 2013 | 11:26 pm
About a year ago, Public Citizen petitioned for rehearing in a case in which a three-judge panel of the Ninth Circuit affirmed the dismissal of a First Amendment retaliation claim brought by a police ...
Good news from the courts of appeals on Comcast v. Behrend 23 Aug 2013 | 09:36 pm
As we've discussed several times since March, the Supreme Court's decision this spring in Comcast Corp. v. Behrend has provided fodder for a new and dangerous argument that a damages class cannot be c...
"Debt relief" company pushes back against CFPB 23 Aug 2013 | 01:31 am
The Blog of LegalTimes reports: When Morgan Drexen Inc. found itself in the Consumer Financial Protection Bureau's crosshairs, the company, which works with law firms to provide debt relief services ...
Rutledge & Drahozal Paper on the Prevalence of Arbitration Clauses After Concepcion and Amex 23 Aug 2013 | 01:07 am
Peter B. Rutledge of Georgia and Christopher R. Drahozal of Kansas have written 'Sticky' Arbitration Clauses?: The Use of Arbitration Clauses after Concepcion and Amex. Here's the abstract: We presen...
CFPB issues critical report on bank and non-bank mortgage servicing 22 Aug 2013 | 03:51 pm
The Consumer Financial Protection Bureau yesterday issued this report "detailing mortgage servicing problems at banks and nonbanks. The report also found that many nonbanks lack robust systems for ens...