Citibank has been in the news a couple of times in the past few years because its complex protocols and lack of software safeguards have led to costly mistakes. We had a lot of fun with $900 million of misdirected… Source by ContractsProf Blog Read More
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Belatedly Introducing the Money Stuff Podcast, with Matt Levine and Katie Greifeld
A few years back, I started following Matt Levine (left) and his Money Stuff column on Bloomberg. His columns inspired posts such as this one about a costly but understandable error at Citibank and this one about a preposterous money… Source by ContractsProf Blog Read More
Can Tesla Turbo-Charge Cybertruck Orders with Contractual Threats?
By u/Kruzat , CC BY-SA 4.0 Thanks to Professor Benjamin Davis of the University of Toledo for sharing Tinsae Aregay’s reporting for Torque News on the latest developments in the world of Cybertruck sales. According to the account, as we… Source by ContractsProf Blog Read More
New Jersey Permits Class Action Waivers Without Arbitration Clause
William Pace of Robert Walters (Plaintiffs) entered into lease agreements with the Hamilton Cove Apartments (Hamilton Cove) in Weehawken, New Jersey, which boasted “elevated, 24/7 security.” Such security was no doubt necessary, given Weehawken’s notoriety as the location of the… Source by ContractsProf Blog Read More
Law Professor Sues After Being Disciplined for Racially Insensitive Use of Language
For at least ten years, Professor Jason Kilborn (left) of the University of Illinois Chicago Law School included on his exam for Civil Procedure a question involving a woman who quit her job after her co-workers addressed her using profane… Source by ContractsProf Blog Read More
Another Chicago Cubs Victory (in Court, but Still)
Just last month we celebrated the Cubs’ W over the owner of a rooftop seating venue across the street from storied Wrigley Field. After the post was drafted, the District Court more emphatically denied defendant Aidan Dunican’s motion for reconsideration…. Source by ContractsProf Blog Read More
ProPublica & Tennessee Lookout Report on Pay Day Lending in Tennessee
ProPublica has a long expose about a product called Flex Loan, legal in Tennessee since 2015. The reporting was a joint effort with Tennessee Lookout. Since the invention of the Flex Loan, which allows the lender to collect interest at… Source by ContractsProf Blog Read More