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CFPB proposes prohibiting mandatory arbitration clauses

Jessica Karmasek May 5, 2016, 2:18pm

The Consumer Financial Protection Bureau’s release of its set of proposed rules coincided with a field hearing held in New Mexico Thursday. Under the bureau’s proposal, companies would still be able to include arbitration clauses in their contracts. However, for contracts subject to the proposal, the clauses would have to say explicitly that they cannot be used to stop consumers from being part of a class action in court.

Legislation would prohibit DOJ settlement terms that require donations to third parties

Jessica Karmasek Apr. 30, 2016, 9:28am

Some federal lawmakers argue the bill is needed to keep the Department of Justice from directing millions, even billions, of dollars to certain groups. They contend only Congress has the power to make such decisions.

U.S. House panel approves fraudulent joinder bill

Jessica Karmasek Feb. 3, 2016, 1:16pm

The Fraudulent Joinder Prevention Act, or H.R. 3624, shifts the burden from the defendant to the plaintiff and allows federal judges more discretion to remove those “innocent” local defendants.