Faculty in the News

Faculty News

  • Star Tribune Cites Cox on Payday Loans

    October 25, 2006 The Star Tribune cited Prentiss Cox, Associate Professor of Clinical Law, in an article entitled “Payday loans rise online—and so does debt.” The article discusses the potential for hundreds of companies delivering money over the internet to bypass state laws on payday loans. Minnesota law limits payday loans to $350 and caps the interest rate at about 200 percent annually, or $23 on a loan of $300, whereas internet lenders grant loans as high as $1,000 and may charge interest rates of more than 1,000 percent annually, or $93 every two weeks on a $500 loan. According to Cox, payday companies that loan money to Minnesota residents should comply with state law regulating payday loans because use of the internet does not exempt lenders from adhering to state law regulating payday loans.
  • MPR Quotes Hill on Options Backdating Issue

    October 16, 2006 On October 16, MPR quoted Professor Hill on the subject of the steps taken by United Healthcare in response to revelations of options backdating. Many companies, including United Healthcare, have been found or accused of backdating option grants in order to increase compensation for executives. Hill noted that while United Healthcare has taken steps to prevent such abuses in the future, simply putting mechanisms in place is not sufficient: execution is critical.
  • Hickman in Top 25 of SSRN Tax Law Downloads

    October 5, 2006 TaxProf Blog has reported the SSRN (The Social Science Research Network) monthly rankings of 389 American and international law school faculties and 1500 law professors. In the category of recent downloads (October 1, 2005 through October 1, 2006), Professor Kristin Hickman falls within the top 25 of Tax Law professors. Congratulations, Professor Hickman!
  • Feld Cited by Minnesota Supreme Court

    September 26, 2006 The Minnesota Supreme Court, in State of Minnesota v. Richard McFee, cited three of Feld’s articles to allow the use of juvenile adjudications to calculate an adult’s criminal history score.
  • Klass Receives Favorable Decision

    August 10, 2006 Prof. Klass represented Friends of Twin Lakes in a pro bono case challenging a Roseville redevelopment project. The MN Court of Appeals decision reverses a District Court decision. (Pioneer Press)

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