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Mandatory Arbitration In Consumer Finance And Investor Contracts, Michael S. Barr
Mandatory Arbitration In Consumer Finance And Investor Contracts, Michael S. Barr
Book Chapters
This chapter focuses on the use of mandatory pre-dispute arbitration clauses in a subset of consumer contracts – those involving consumer finance and investor products and services. Arbitration clauses are pervasive in financial contracts – for credit cards, bank accounts, auto loans, broker-dealer services, and many others. In the wake of the recent financial crisis, Congress enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank). Dodd-Frank authorises the new Consumer Financial Protection Bureau (CFPB) and the Securities and Exchange Commission (SEC) to prohibit or condition the use of arbitration clauses in consumer finance and investment contracts, …
Language, Law, And Logic: Plain Legal Drafting For The Electronic Age, Layman E. Allen
Language, Law, And Logic: Plain Legal Drafting For The Electronic Age, Layman E. Allen
Book Chapters
The achievement of current demands for clearer legal drafting in the United States (New York, 1973 and President's Executive Order, 1978) and Great Britain (Renton Report, 1975) can be aided by applying modern logic to improve the language of the law. In considering how the expression of legal norms can be clarified by using some formal language techniques, particular attention will be given to alternatives for dealing with problems of inadvertent imprecision in current legal drafting, alternatives that facilitate human understanding as well as enhance the possibilities for analysis by computer. A brief sketch of the imprecision of the expression …