(Published July 01, 2016) In May, the Consumer Financial Protection Bureau (CFPB) proposed new rules affecting customer arbitration agreements. The bureau is taking action to prohibit consumer arbitration clauses from blocking consumers’ ability to join class action lawsuits. In this article Senior Attorney Chip Zyvoloski looks at how the proposed rule might affect automotive dealers if it becomes final.
(Published June 01, 2016) How many times have you heard the phrase “The devil is in the details?” That statement has never been more applicable to automotive dealers than it is today. Learn about one of the largest risks to dealers’ financial futures and how it can be lessened.