Consumer Complaints and Consumer Protection Regulation Related to Mortgage Loan Modification in the United States

2021 ◽  
Vol 25 (1) ◽  
pp. 121-137
Author(s):  
Sungsook Kim ◽  
Yeon-Geum Hong
Keyword(s):  
United States ◽  
Consumer Protection ◽  
The United States ◽  
Mortgage Loan ◽  
Consumer Complaints

Principles of Internet contracting: Illuminating the shadows

2019 ◽  
Vol 48 (4) ◽  
pp. 208-232
Author(s):  
Caterina Gardiner
Keyword(s):  
United States ◽  
United Kingdom ◽  
Consumer Protection ◽  
Common Law ◽  
Case Law ◽  
The United States ◽  
Contract Law ◽  
Contract Formation ◽  
The Common ◽  
The Relationship

The common law that applies to Internet contract formation could be said to exist in a penumbra—a grey area of partial illumination between darkness and light—where it may be possible to lose sight of established contract law principles. Internet contracts raise difficult issues relating to their formation that challenge traditional contract doctrine. Analysis of case law from the United States, United Kingdom and Ireland illustrates that the courts have not applied contract formation doctrine in a principled or consistent way. There is a tendency for decisions to be reached for policy reasons, for example, to facilitate the development of e-commerce, or to achieve a result that is considered fair, rather than on sound principles of contract law. There may also be some uncertainty arising from the relationship between statutory consumer protection rules and common law contract formation doctrine. The enforceability of Internet contracts in the common law courts remains unpredictable. This article argues that although Internet contracting may raise distinctive contract formation issues, it is possible for the judiciary to invoke the inherent flexibility of the common law, to take into account the specific characteristics of Internet contracts, while still adhering to established contract law doctrine and maintaining a principled approach.

scholarly journals The United States and global regulation of convertible virtual currencies

2020 ◽  
pp. 58-69
Author(s):  
P. Maggs
Keyword(s):  
United States ◽  
Consumer Protection ◽  
Tax Evasion ◽  
The United States ◽  
The Other ◽  
Global Competition ◽  
Global Regulation ◽  
Virtual Currency ◽  
Other Hand ◽  
The One

The regulation of convertible virtual currencies (for instance Bitcoin) is an area both of global cooperation and global competition. On the one hand, virtual currencies create serious problems of payment for illegal transactions, money laundering, tax evasion, and consumer fraud. On the other hand such currencies, have the potential to lower the costs of commercial and consumer transactions and to facilitate international trade. Both dealing with the problems and realizing the potential of virtual currencies require international cooperation.There is no uniformity in national legislation on virtual currency. A recent survey of over 100 countries showed a wide variation in both the amount and methods of regulation 2 . While, at this stage, experimentation with various types of regulation may help discover better ways to deal with this currency, on the other hand, there is a real danger that some countries will be come unregulated virtual currency havens where the worst aspects of virtual currency can flourish.This article will look at United States law, and also at existing and needed international cooperation in the areas of taxation, investor protection, consumer protection, monetary regulation, and crime prevention.

scholarly journals Global Health Security Initiative strengthens preparedness and response to smallpox and other bioterrorist threats

2002 ◽  
Vol 6 (50) ◽  
Author(s):  
E Hoile
Keyword(s):  
United States ◽  
Global Health ◽  
Mexico City ◽  
Consumer Protection ◽  
The United States ◽  
Global Health Security ◽  
Health Security ◽  
The Third ◽  
Chemical Release ◽  
The United Kingdom

Preparedness and response to the threats of smallpox, chemical release and pandemic influenza were discussed at the third meeting of the Global Health Security Initiative on 6 December 2002 in Mexico City. The meeting was attended by health ministers and secretaries from the G7+ countries (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States (US), plus Mexico), and the European Commissioner for Health and Consumer Protection (1). The first meeting, which saw the launch of the initiative, was held in Ottawa in November 2001, and a second meeting was held in London, in March 2002 (2).

scholarly journals Are Browse-wrap Agreements Legally Binding: As Analysed Across Multiple Jurisdictions

2020 ◽  
Vol 5 (7) ◽  
pp. 1333-1336
Author(s):  
Aashana Chandak
Keyword(s):  
United States ◽  
European Union ◽  
Consumer Protection ◽  
Data Protection ◽  
United States Of America ◽  
The United States ◽  
The European Union ◽  
General Data ◽  
Adequate Communication ◽  
Multiple Jurisdictions

Browse-wrap agreements are e-contracts that lack the element of express consent which creates ambiguity in their enforcement across countries like India and Canada. The United States of America has through a plethora of case laws attempted to follow a framework with a adequate communication of notice system which is subjected to consumer protection concerns. With the recent enforcement of the General Data Protection Regulations(GDPR)in the European Union it has led to the complete abandonment of the browse-wrap agreements due to the lack of the consentbeing explicitly provided. Leading to the rise in the recognition of theclick-wrap agreements being adopted as a standardized form of e-commerce contracts across jurisdictions

Alternative Ways to Resolve Disputes Related to Consumer Protection of Financial Services in Hong Kong, Singapore and the United States: Innovations 2017 – 2019

2020 ◽  
Vol 11 (2) ◽  
pp. 394
Author(s):  
Natalia V. IVANOVSKAYA ◽  
Sergey S. ISAI
Keyword(s):  
United States ◽  
Hong Kong ◽  
Consumer Protection ◽  
Financial Services ◽  
Practical Experience ◽  
The United States ◽  
Alternative Methods ◽  
The Us ◽  
The Right ◽  
Goals And Objectives

The authors explore regulatory innovations in financial services consumer protection in Hong Kong, Singapore, and the United States. It was revealed that: (1) the priority of such an alternative way of regulating financial demand with the participation of consumers as mediation is ensured by the activities of the FDRC Center in Hong Kong, and in Singapore – by the new law on mediation in 2017; (2) the creation of a unified mediation model, which is mandatory for all member states – the Singapore Convention on Mediation 2019 – will allow mediation to become the most widely used alternative way to resolve cross-border, including financial, disputes; (3) a positive result of the application of arbitration in the field of settlement of financial disputes with the participation of large banks can be achieved by creating certain conditions, including by attracting highly professional arbitrators with extensive practical experience, as, for example, was done by the Hong Kong International Arbitration Center (HKIAC); (4) on the example of the US experience, one can also identify another way to improve the mechanisms for resolving financial disputes, the goals and objectives of which are shifted from the vector of propaganda and updating alternative methods of resolving financial disputes to improving the mechanism for providing financial services; (5) the inclusion of a clause on the mandatory resolution of possible disputes in arbitration, as a mandatory part of the contract itself with consumers, indicates the deprivation of the right to choose the method of resolving the dispute by the consumer, and also deprives them of the right to file collective claims.

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