[Audio] Consumer Finance Monitor Podcast Episode: Reasons Why the CFPB Should Deny the Petition for Rulemaking on Post-Dispute Consumer Arbitration Agreements

Our particular visitor is David Sherwyn, Professor of Law at Cornell University’s School of Hotel Administration. In Sept. 2023, a gaggle of client advocate organizations filed a Petition for Rulemaking with the CFPB that may prohibit the usage of pre-dispute arbitration clauses in client contracts in favor of arbitration clauses that may allow customers to decide on between arbitration and litigation solely after a dispute has arisen. In response, the CFPB indicated it’s fastidiously contemplating the…
By: Ballard Spahr LLP

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November 16, 2023 at 03:45PM