Pittman, Mark T

Court Scraps $8 Limit on Credit Card Late Fees

The Consumer Financial Protection Bureau switched sides and backed a federal lawsuit by banks and business groups seeking to eliminate a fee cap the bureau set last year.

By Stacy Cowley

Conservatism (US Politics) Consumer Financial Protection Bureau Courts and the Judiciary Decisions and Verdicts Federal Courts (US) Pittman, Mark T Suits and Litigation (Civil) United States Politics and Government

A Texas Judge’s Fight to Keep a High Profile Case Out of His Court

A battle over a new rule to limit credit card late fees has spiraled into a larger skirmish about how much power litigants should have to maneuver their cases into friendly courtrooms.

By Stacy Cowley

Decisions and Verdicts Exxon Mobil Corp Global Warming Greenhouse Gas Emissions Oil (Petroleum) and Gasoline Pittman, Mark T Shareholder Rights and Activism Suits and Litigation (Civil)

Exxon Suit Over Activist Investor’s Climate Proposal Is Dismissed

A federal judge ruled that the case was moot after the investor, Arjuna Capital, withdrew the proposal with a promise not to try again.

By Sydney Ember

Banking and Financial Institutions Chopra, Rohit Consumer Financial Protection Bureau Courts and the Judiciary Credit Cards Personal Finances Pittman, Mark T Suits and Litigation (Civil) Texas United States Chamber of Commerce

Judge Blocks New U.S. Rule Limiting Credit Card Late Fees

Set to take effect on Tuesday, the rule would save households $10 billion a year in “junk fees,” the Consumer Financial Protection Bureau said.

By Cade Metz