Consumer Protection Act Reform: H.B. 2008/S.B. 1522 (2011)
Amends the Tennessee Consumer Protection Act (“TCPA”) as follows: eliminates
Amends the Tennessee Consumer Protection Act (“TCPA”) as follows: eliminates a private right of action for actions based on the sale or marketing of securities, since those claims are governed by state and federal securities laws; provides that only the Attorney General may pursue actions under the “catchall provision” of the TCPA on behalf of Tennessee consumers; prohibits the award of punitive damages for an unfair or deceptive act or practice if the judge awards treble damages and attorney fees; and prohibits class actions from being brought under the consumer fraud statute and makes other changes to the consumer fraud statute.
Latest News
View all news
Baseless Legal Attacks Could Worsen US Energy Woes
Energy producers face legal attacks from multiple angles, according to a new report. The report, released today by the American Tort Reform Foundation (ATRF), revealed that state attorneys general and […]
Trial Lawyers Just Rewrote Centuries-old Contract Law
This op-ed was originally published by the Washington Examiner. Last month, an exclusive organization of judges, law professors, and lawyers called the American Law Institute spent a weekend in the nation’s […]
New Oklahoma Law to Address Transparency in Private Attorney Contracting
A bill addressing private attorney contracting was signed into law in Oklahoma on Friday. Governor Kevin Stitt (R) signed Senate Bill 984, which was sponsored by Senator Kim David (R) and Representative […]
Controversial Restatement Adopted by American Law Institute
ALI’s restatement of the law of ‘consumer contracts’ the latest in a surge of advocacy by the Institute
ALI Oversteps With Expansive Restatement Of Contract Law
This op-ed was originally published by Law360. Once considered a scholarly organization that was safely above the fray in broader policy disputes, the American Law Institute has become an advocacy group, […]
State Attorneys General Leave National Org Following ATRA Report
According to recent reports, three state attorneys general will leave the National Association of Attorneys General (NAAG). Ad Law Access reported this week that the Attorneys General of Missouri, Montana, […]