Two weeks ago, the Consumer Financial Protection Bureau unveiled a new rule that would prohibit lenders from including forced arbitration clauses with class action bans in their lending contracts. Today, Public Justice’s Executive Director, Paul Bland, will testify in front of the House’s Financial Institutions and Consumer Credit Subcommittee in support of this rule.
One of the first things I learned in law school was that a corporation’s “continuous and systematic” economic activities in a particular state were sufficient to subject the company to personal jurisdiction in that state. That’s what the U.S. Supreme Court held way back in 1945. And that that remained essentially undisturbed for over 70 years. In 2014, however, the Supreme Court gave corporations a brand-new defense that they are now employing with great gusto in courts across the country. Public Justice is challenging that in a newly filed amicus brief, taking on corporations that are attempting to limit injured plaintiffs’ access to justice by advocating a narrow reading of Supreme Court precedent to effectively deny injury victims access to state courts.