Firm News:

Legal Updates:

The Disputed Landscape of Arbitration Clauses in Consumer Contracts

April 21, 2017

In May 2016, the Consumer Financial Protection Bureau (CFPB) proposed a rule that would ban mandatory arbitration clauses from consumer financial companies’ contracts. The CFPB proposal would apply to most consumer financial markets that involve lending money, storing money, and moving or exchanging money. (more…)

VW Emissions Cheating Scandal – UPDATE

April 20, 2017

In the aftermath of the emissions cheating scandal, Volkswagen AG is on clean-up, figuratively and literally, after formally pleading guilty in Michigan federal court to three criminal charges on March 10, 2017, and agreeing to pay $4.3 billion in penalties as per the settlement agreement reached with the U.S. Department of Justice and U.S. Customs and Border Protection in January.  As well, under a consent decree issued by the USDOJ and EPA in conjunction with the settlement, VW must also meet a recall rate of 85 percent and pay $225 million to remediate the environmental effects of the excess emissions. (more…)