Tagged: arbitration

July 31, 2017 @ 1:59 pm By JD Alois  |  

Acting Comptroller of the Currency Keith Noreika is out with a statement on the controversial Consumer Financial Protection Bureau’s (CFPB) rule on arbitration agreements.  The CFPB announced a final position on Arbitration clauses with certain financial service firms and consumers. The rule has been criticized as… Read More

July 20, 2017 @ 10:49 am By JD Alois  |  

Republicans members on the House Financial Services Committee have introduced legislation (H.J. Res 111) designed to nullify a controversial rule published by the Consumer Financial Protection Bureau (CFPB). The resolution is cosponsored by all 34 Republican Members of the Financial Services Committee and mirrors a resolution… Read More

July 10, 2017 @ 10:30 pm By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) announced a new rule to ban financial companies from using mandatory arbitration clauses. The CFPB said these rules have denied people their day in court. Many consumer financial products like credit cards and bank accounts have arbitration clauses in… Read More

April 16, 2017 @ 3:01 pm By JD Alois  |  

First Successful Arbitration Settlement Against a Crowdfunding Scofflaw Prominent crowdfunding marketing firm Funded Today is perhaps the most successful agency in their space today. Having helped to direct more than 300 perk-based crowdfunding campaigns to financial success, Funded Today has now been instrumental in raising… Read More

August 23, 2016 @ 8:47 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB)recently proposed banning arbitration regarding certain  consumer financial agreements and to allow the legal process to take hold in the case of a dispute. The CFPB posted the proposal this past May, outlined as follows: First, the proposed rule would… Read More

August 6, 2015 @ 11:50 am By Samantha Hurst  |  

Burford Capital, a global finance and professional services firm focused on law, announced on Thursday its launch in Hong Kong and the formation of a new Burford Asia Advisory Board. Burford’s launch in Hong Kong positions it to meet growing demand for litigation and arbitration… Read More