CreditSlips

Pari Passu Nevermind

12/27/16

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 bondholders who had previously partici

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CFPB Tales Told Out of School

12/21/16

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.

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Fake News, Special Carrie Sheffield CFPB Edition

12/19/16

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 of the latter category is the hatchet job Carrie Sheffield tries to pull on the CFPB in a piece on Salon.com.

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CFPB and ACICS Retrospective

12/16/16

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.  It's part of what enables the ABA's on-going tyranny of legal education.)  Some of you might remember that in 2015, the CFPB issued a Civil Investigative Demand to ACICS, the authority for which ACICS challenged successfully.

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Thanks to Gary Neustadter

12/15/16

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

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How Consumers Use the CFPB's Complaint Function

12/12/16

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

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ABI Podcast on Race and Chapter 13

12/12/16

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 a presentation by yours truly about our research exploring the intersection of race and chapter 13.

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Jevic and the Supremes

12/06/16

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

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