Appeals Court Overturns Ruling, Says Arbitration Agreement Must Be Enforced in FCRA Case
- Arbitration is all the rage these days. This time, it is the Court of Appeals for the Fourth Circuit weighing in, overturning a district court ruling denying a defendant’s motion to compel in a Fair Credit Reporting Act case after the plaintiff complained the defendant failed to ensure the accuracy of what it was reporting and for not conducting a reasonable investigation into his dispute.
- More details here
BK Filings Climb for Ninth Straight Quarter, Up 12% YOY
- Bankruptcy filings continue to rise, increasing 11.5% year-over-year for the 12-month period ending June 30, according to newly released data from the Administrative Office of the U.S. Courts. A total of 542,529 cases were filed, up from 486,613 during the same period last year.
- More details here
Preemption Shields Credit Union From Returned Check Fee Lawsuit
- The Court of Appeals for the Ninth Circuit has affirmed the dismissal of a lawsuit brought by a consumer who alleged a credit union engaged in unfair practices when it charged a returned check fee even though he was not at fault, ruling the credit union is entitled to preemption from the state law it was accused of violating.
- More details here
Compliance Digest – August 4
- Seven different compliance experts — Michael Chapman, Lauren Burnette, Joann Needleman, Chuck Dodge, Jay Tillman, Virginia Bell Flynn, and Jessica Klander, provide insight and perspective and context on recent court rulings, and new rules and regulations, to make sure you know what you need to know and what adjustments you may need to make to your operation.
- More details here
- This series is sponsored by Bedard Law Group
WORTH NOTING: A list of the best hospitals from across the country, according to U.S. News … TrueCaller is shutting down its call recording service on iPhones next month … Half of ransomware attacks against healthcare organizations in the past 12 months were successful … Consumers are getting thrifty again, looking for generic brands and bulk buying … Your credit score may have something to do with where you grew up … Breaking through the marketing on the importance of electrolyte drinks … Two judges had to withdraw rulings after it was revealed they were based on AI hallucinations … If you are using ChatGPT or other AI tools, here is who can see what you are doing with them.
Music Monday, part I
Music Monday, part II
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