Mark E. Budnitz
Professor of Law Emeritus- Education
J.D., Harvard Law School
B.A., Dartmouth College
- Specializations
- Biography
Mark E. Budnitz, professor of law emeritus, taught Commercial Paper and Payment Systems, Consumer Protection, Sales, and The Law of Electronic Commerce. Prior to teaching at Georgia State, he was an attorney in legal services programs for the poor, including serving as the executive director of the National Consumer Law Center. He also headed the Bankruptcy Reorganization branch of the Securities and Exchange Commission's southeastern regional office.
In addition, he has taught at Boston University and Emory University.
Budnitz specializes in consumer protection, with a special interest in electronic payment systems. He has published over 35 articles on this and other topics. In addition, he has written books on credit reporting and bankruptcy. For many years he wrote yearly updates for two other books, Consumer Banking and Payments Law and the Law of Lender Liability.Budnitz lectures widely on payment systems before groups such as bar associations, regulators, and consumer lawyers and professors. He is a member of the American Law Institute. He is on the board of directors of the National Consumer Law Center and the Advisory Committee of the Atlanta Legal Aid Society. He was a member of the Federal Reserve Board's Consumer Advisory Council. He is the former Bobby Lee Cook Professor of Law. In 2005 he received the Patricia T. Morgan Award for Outstanding Faculty Scholarship. He received the 1998 Writing Competition Award from the American College of Consumer Financial Services Lawyers.
Budnitz graduated from Dartmouth College and Harvard Law School.
- Publications
Books
Mark E. Budnitz, Lauren K. Saunders, & Margot Saunders, Consumer Banking and Payments Law: Credit, Debit & Stored Value Cards, Checks, Money Orders, E-Sign, Electronic Banking and Benefit Payments (4th ed., National Consumer Law Center 2009 & Supp. 2010-).
Mark E. Budnitz & Margot Freeman Saunders, Consumer Banking and Payments Law: Credit, Debit & Stored Value Cards, Checks, Money Orders, E-Sign, Electronic Banking and Benefit Payments (3d ed., National Consumer Law Center 2005).
Mark E. Budnitz & Margot Freeman Saunders, Consumer Banking and Payments Law: Credit, Debit & Stored Value Cards, Checks, Money Orders, E-Sign, Electronic Banking and Benefit Payments (2d ed., National Consumer Law Center 2002 & Supp. 2003-2004).
Mark E. Budnitz, Consumer Banking and Payments Law (National Consumer Law Center 2001).
Mark E. Budnitz & Helen Davis Chaitman, The Law of Lender Liability (1998 rev. ed., A.S. Pratt & Sons 1998 & Supp. 1999-2010).
Mark E. Budnitz & Helen Davis Chaitman, The Law of Lender Liability (Rev. ed., Warren, Gorham & Lamont 1994).
Mark E. Budnitz & Gary Shapiro, Counseling and Representing Financially Distressed Businesses (Harrison Co. 1993 & Supp. 1994-2003).
Willard Ogburn & Mark E. Budnitz, Fair Credit Reporting Act (National Consumer Law Center 1982-1988).
Book Chapters
Mark E. Budnitz, Principles and Programs to Protect Consumers From the Deleterious Effects of Technological Innovation, in Innovation and the Transformation of Consumer Law 3 (Dan Wei, James Nehf, & Claudia Lima Marques, eds. 2020).
Mark E. Budnitz, Payment Protection Advocacy, in Watchdogs and Whistleblowers, A Reference Guide to Consumer Activism, Stephen Brobeck & Robert N. Mayer eds. (2015)
Mark E. Budnitz, Developments in Consumer Arbitration Case Law: 1997 - April 2000, in Consumer ADR in the Borderless Online Marketplace (Mark E. Budnitz ed., ABA, 2000).
Mark E. Budnitz, Privacy Rules: Areas of Concern and Controversy, in Consumer Financial Privacy: Complying with the Gramm-Leach-Bliley Act and the Final Rules (Julie J. Kline ed., LRP Publications, 2000).
Mark E. Budnitz, Recent Developments In Consumer Arbitration Case Law: 1997- Jan 1999), in Consumer Financial Services Litigation 1999 (Practicing Law Institute 1999)
Mark E. Budnitz, Checking Account Protections, in Encyclopedia of the Consumer Movement, Stephen Brobeck, ed. (1997)
Mark E. Budnitz, Arbitration of Disputes Between Consumer and Financial Institutions: A Serious Threat to Consumer Protection, in Alternative Dispute Resolution, Strategies For Law and Business, E. Wendy Trachte-Huber & Stephen K. Huber eds. (1996).
Articles
Mark E. Budnitz, New Developments in Payment Systems and Services Affecting Low-Income Consumers: Challenges and Opportunities, 30 Geo. J. on Poverty L. & Pol'y 133 (2023).
Mark E. Budnitz, The Restatement of the Law of Consumer Contracts: The American Law Institute's Impossible Dream, 32 Loy. Consumer L. Rev. 369 (2020).
Mark E. Budnitz, Mobile Banking: Gaps in the Law Impede Risk Assessment, Banking & Fin. Services Pol'y Rep., May 2013, at 11.
Mark E. Budnitz, Buyer Beware: Georgia Consumers Can't Rely on the Fair Business Practices Act, 6 John Marshall L.J. 507 (2013).
Mark E. Budnitz, Mobile Financial Services: The Need for a Comprehensive Consumer Protection Law, 27 Banking & Finance L. Rev. 213 (2012).
Mark E. Budnitz, The Development of Consumer Protection Law, the Institutionalization of Consumerism, & Future Prospects & Perils, 26 Ga. St. U. L. Rev. 1147 (2010).
Mark E. Budnitz, Technology as the Driver of Payment System Rules: Will Consumers Be Provided Seatbelts and Air Bags?, 83 Chi.-Kent L. Rev. 909 (2008).
Mark E. Budnitz, Developments in Payments Law 2008, 12 J. Tex. Consumer L. 2 (2008).
Mark E. Budnitz, The Federalization and Privatization of Public Consumer Protection Law in the United States: Their Effect on Litigation and Enforcement, 24 Ga. St. U. L. Rev. 663 (2008).
Mark E. Budnitz, Martina Rojo, & Julia Marlowe, Deceptive Claims for Prepaid Telephone Cards and the Need for Regulation, 19 Loy. Consumer L. Rev. 1 (2006).
Mark E. Budnitz et al., Home Banking Agreements: Don't Bank on Them, 61 Bus. Law. 641 (2006).
Mark E. Budnitz, Payment Systems Update 2005, 8 J. Tex. Consumer L. 66 (2005).
Mark E. Budnitz, Payment Systems Update 2005: Checks, Remotely-Created Items, Payroll Cards and Other New-Fangled Products, 59 Consumer Fin. L.Q. Rep. 3 (2005).
Mark E. Budnitz, The Check 21 Challenge: Will Banks Take Advantage of Consumers?, 58 Consumer Fin. L. Q. Rep. 369 (2004).
Mark E. Budnitz, Consumer Payment Systems: New Products and Services, New Laws and New Problems, 56 Consumer Fin. L.Q. Rep. 52 (2002).
Mark E. Budnitz, Ensuring the Future, 7 Consumer Advoc. 5 (June 2001).
Mark E. Budnitz, Consumer Privacy in Electronic Commerce: As the Millennium Approached, Minnesota Attacked, Regulators Refrained, and Congress Compromised, 14 Notre Dame J.L. Ethics & Pub. Pol'y 821 (2000).
Mark E. Budnitz, Consumers Surfing for Sales in Cyberspace: What Constitutes Acceptance and What Legal Terms and Conditions Bind the Consumer?, 16 Ga. St. U. L. Rev. 741 (2000).
Mark E. Budnitz, Privacy Protection for Consumer Transactions in Electronic Commerce: Why Self-Regulation is Inadequate, 49 S.C. L. Rev. 847 (1998).
Mark E. Budnitz, The FTC's Consumer Protection Program During the Miller Years: Lessons for Administrative Agency Structure and Operation, 46 Cath. U. L. Rev. 371 (1997).
Mark E. Budnitz, Consumer Issues in Revised Articles 3 and 4 of the UCC, 47 Consumer Fin. L.Q. Rep. 119 (1993).
Mark E. Budnitz, Electronic Money in the 1990's: A Net Benefit or Merely a Trade-Off?, 9 Ga. St. U. L. Rev. 747 (1993).
Mark E. Budnitz, Consumer Bankruptcy Developments, 47 Bus. Law. 1299 (1992).
Mark E. Budnitz, The Revision of U.C.C. Articles Three and Four: A Process Which Excluded Consumer Protection Requires Federal Action, 43 Mercer L. Rev. 827 (1992).
Mark E. Budnitz, The Duties Imposed by Bankruptcy Courts upon Mortgagees at Foreclosure Sales: How to Avoid Avoidance under Section 548, 46 Bus. Law. 1183 (1991).
Mark E. Budnitz, Chapter 11 Business Reorganizations and Shareholder Meetings: Will the Meeting Please Come to Order, or Should the Meeting Be Cancelled Altogether?, 58 Geo. Wash. L. Rev. 1214 (1990).
Mark E. Budnitz, Fees of Professionals and Expenses of Members Appointed to Official Committees in Chapter 11 Cases, Norton Bankr. L. Adviser, Nov. 1987, at 1.
Mark Budnitz, The Sale of Credit Life Insurance: The Bank as Fiduciary, 62 N.C. L. Rev. 295 (1984).
Mark E. Budnitz, The Finicky Computer, the Paperless Telex and the Fallible Swiss: Bank Technology and the Law, 25 B.C. L. Rev. 259 (1984).
Mark E. Budnitz, Federal Regluation of Consumer Disputes in Computer Banking Transactions, 20 Harv. J. Legis. 31 (1983).
Mark E. Budnitz, Problems of Proof When There's a Computer Goof: Consumers versus ATMs, 2 Computer/L.J. 49 (1980).
Mark E. Budnitz, The Impact of EFT upon Consumers: Practical Problems Faced by Consumers, 13 U.S.F. L. Rev. 361 (1979).
Mark Budnitz, Note, Criminal Law - Statutory Offenses - Vagrancy Laws Invalid as Too Vague and as Improper Exercise of Police Power, 3 Harv. C.R.-C.L. L. Rev. 439 (1968).
Popular Press
Other
Consumer ADR in the Borderless Online Marketplace, (Mark E. Budnitz ed., ABA, 2000).
Mark E. Budnitz, Truth in Lending Finance Charges, Hearing Before the Federal Reserve Board (1997).