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News
April 14, 2015

In the News Today – April 14, 2015

An editorial in The Wall Street Journal asks whether there were any actual victims in a “bizarre” Consumer Financial Protection Bureau (CFPB) case in which an $80 million settlement was reached with Ally Bank in 2013. The CFPB alleged interest rate discrimination against car buyers who were assumed—but never proved—to be minorities. (Wall Street Journal)

Eighty-eight percent of participants in the Law Times’ latest reader poll agree with the finding in the recent joint ILR-Canadian Chamber report that “class actions are costing businesses too much” and have gotten “out of control” in Canada. (Law Times)

A Pennsylvania appeals court’s ruling on whether the state had been “diligent” in refraining from putting settling tobacco companies’ market shares at risk as part of a 1998 master settlement could influence other state courts currently weighing the same considerations. (Law360)

Blog European Parliament Legal Affairs Committee Adopts TPLF Legislative Initiative Report International Initiatives, Third Party Litigation Funding (TPLF) Image of the UK Supreme Court Blog An Update on the Current UK Litigation Landscape: Podcast Review International Initiatives Blog American and European Business Groups Release Joint Statement in Support of EU TPLF Regulation  International Initiatives Blog Third Party Litigation Funding: Buying Trouble Across the Globe International Initiatives, Third Party Litigation Funding (TPLF) Australia Blog Proposed Class Action Reforms In Australia Cause Funders And Lawyers To Race To File Cases International Initiatives, Third Party Litigation Funding (TPLF)

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