“…than [against] almost any other group.” Can you guess which new federal agency is being referred to? [National Law Journal]
Check-cashing businesses are perfectly legal, but the Long Island town of Hempstead doesn’t like them, so it’s used zoning to try to force them out of areas convenient to their clientele. New York’s highest court is considering the companies’ appeal. [Newsday]
A South Carolina jury awarded the default judgment against a now-defunct property management firm that had called with an eviction threat over two-months’-behind rent; the tenant in a deposition “said she had asked the manager to refrain from speaking with her mother because of her fragile health.” [Charleston Post and Courier]
The letters to persons who have written bad checks, which threaten jail, “bear the seal and signature of the local district attorney’s office. But there is a catch: the letters are from debt-collection companies, which the prosecutors allow to use their letterhead. In return, the companies try to collect not only the unpaid check, but also high fees from debtors for a class on budgeting and financial responsibility, some of which goes back to the district attorneys’ offices.” Moreover, “the ultimatum comes with the imprimatur of law enforcement itself — though it is made before any prosecutor has determined a crime has been committed.” [New York Times; commentary, Scott Greenfield, BoingBoing]
Many trial lawyers yearn to get rid of arbitration clauses in credit card and other consumer finance contracts, which (among their other effects) block them from rolling many small claims into large class actions. Will the new Consumer Protection Finance Bureau (CPFB) go along with their wishes? [Daniel Fisher, Forbes] Related: Alison Frankel, Reuters.
Charles Schumer, senior senator from New York, really does not seem to trust consumers to decide on their own arrangements, notes Steve Chapman.
P.S. Nor it seems is military spouse Holly Petraeus [Ira Stoll]
It includes a provision in which the class lawyers agree not to disparage the student lender. John Frith of the Civil Justice Association of California says that in exchange for the chance to split $4.875 million in fees, he’d probably agree to keep quiet too.