News Topic: CreditSlips

(This is a joint post by Mark Weidemaier and Mitu Gulati) ... Read full article

The Second Circuit on Tuesday released its long-awaited opinion on the Trust Indenture Act, Marblegate v. EDMC . Several of us Slipsters have been discussing the case behind the scenes, and others will have (more intelligent) things to say about the ... Read full article

Scarcity refers to having less than one needs -- time, money, calories when on a diet. For example, not having enough money reduces a person's cognitive capacity as much as missing one full night of sleep. ... Read full article

... Read full article

... Read full article

The calls for Donald Trump to fire CFPB Director Richard Cordray are getting louder (see here and here ). It's worthwhile understanding what's really afoot here. Cordray's term as CFPB Director expires in July 2018, so firing him in January ... Read full article

It's not often that one finds mechanic's liens in the news .  I think this is ripe for inclusion in secured credit casebooks. ... Read full article

I have an op-ed in American Banker about proposals to convert the CFPB into a commission structure.  Basically, the idea that a commission structure increases accountability and policy stability and reduces arbitrary or abusive actions by an agency just ... Read full article

... Read full article

One last (I hope) gift from the  pari passu  litigation against Argentina: this opinion  ruling that Argentina does not breach its pari passu obligations by paying holdouts like NML (who recently settled claims against the country) or by paying ... Read full article

Former CFPB enforcement attorney Ronald Rubin has a lengthy attack on the CFPB in the National Review . It's got lots of sultry details, but there's nothing new and verifiable in the piece. ... Read full article

The "fake news" phenomenon has gotten a lot of attention of late, but there's also the problem of its kissing cousins, faux academic research and opinions piece that springboards off of fake news and faux research.  A comically bad example ... Read full article

The Department of Education just stripped the Accrediting Council for Independent Colleges and Schools of its accreditation role.  (For those of you not in academy, this accreditation is critical for schools to get DoE funds, among other things. ... Read full article

... Read full article

Credit Slips was fortunate to hear from Professor Gary Neustadter of Santa Clara Law this month on consumer credit issues. ... Read full article

I recently posted to SSRN my new article, Calling on the CFPB for Help: Telling Stories and Consumer Protection ( Law & Contemporary Problems , forthcoming 2017). ... Read full article

In October, a panel at the National Conference of Bankruptcy Judges explored the role of race and implicit bias in the bankruptcy system. Called "The Color of Money: The Implications of Race and Ethnicity in Addressing Debt," the panel included ... Read full article

My own conflicted thoughts on Jevic , over at Dealb%k . ... Read full article