Topic
Fees
154 published works
Consumer Protection Connection
FTC Proposes New Rule Targeting “Junk Fees”
By Sheila Millar, Katie Bond, Samuel Butler
“Service fees.” “Convenience fees.” Whatever a business calls them, consumers don’t like them, and neither does President Biden. The President has repeatedly pledged to end the practice of imposing what…
Global Regulation Tomorrow
ESMA consults on draft technical advice to the European Commission on fees charged to tier 1 third-country CCPs under EMIR
By Anna Carrier (BE), Floortje Nagelkerke (NL)
On 12 October 2023, the European Securities and Markets Authority (ESMA) published a consultation paper on draft technical advice to the European Commission on fees charged to tier 1 third-country…
Consumer Finance Monitor
CFPB Supervisory Highlights Update Special Edition looks at “junk fees” charged in connection with deposits, auto servicing, and remittances
By John L. Culhane, Jr., Michael Gordon, Alan S. Kaplinsky
The CFPB has released a new issue of Supervisory Highlights that carries the title “Junk Fees Update Special Edition.” The report discusses the CFPB’s examinations involving fees in the areas…
California Employment Law
Service Charge vs. Gratuity and Why It Matters Revisited
By Nancy Yaffe
Back in 2019, I posted about the difference between a Service Charge, an Automatic Gratuity, and a Gratuity/Tip. I explained that a service charge is typically a set amount added to…
Gadgets, Gigabytes & Goodwill Blog
USPTO Proposes Trademark Fee Schedule Change
By Sarah Chemli
On May 8, 2023, the USPTO announced its preliminary proposal to adjust its schedule of trademark fees, which was last modified January 2, 2021.[i] The USPTO states that the existing…
Employment Law Worldview
A tip for your trouble – new rules for employers on treatment of gratuities and service charges (UK)
Employers in the hospitality, leisure and service sectors should be aware that the Employment (Allocation of Tips) Act 2023 has now completed the parliamentary process and will be coming into…
Legal Profession Blog
A Provident Exercise Of Discretion
An effort by a law firm to collect a contingent fee was rejected by the New York Appellate Division for the First Judicial DepartmentThe motion court's award to Napoli, plaintiff's…
Consumer Financial Services Law Monitor
CFPB Continues War on Fees in its Special Edition Supervisory Highlights
By Keith J. Barnett, Mark Furletti, Stefanie Jackman, Chris Willis, Chris Capurso
On March 8, the Consumer Financial Protection Bureau (CFPB) released a special edition of its Supervisory Highlights report, focusing once again on fees assessed in relation to bank account deposits,…
Real Estate Insights
Sara & Hossein Asset Holdings Limited v Blacks Outdoor Retail Limited [2023] UKSC 2
"Pay Now, Argue Later": tenant-friendly interpretation of service charge provisions provides grist for disputes Introduction This case is of interest because commercial service charges are very rarely reviewed by the…
Consumer Finance Monitor
CFPB adds six new items to Fall 2022 rulemaking agenda, including overdraft fees, fees for insufficient funds, and credit card penalty fees
By Michael Gordon, John L. Culhane, Jr., Richard J. Andreano, Jr.
The CFPB has published its Fall 2022 rulemaking agenda as part of the Fall 2022 Unified Agenda of Federal Regulatory and Deregulatory Actions. The agenda’s preamble indicates that "[t]he Bureau…