Schwab temporarily reverses class action waiver requirement
In In re Apple & AT&TM Antitrust Litig., 2011 U.S. Dist. LEXIS 138539 (N.D. Cal. Dec. 1, 2011), a California federal district court recently had the opportunity to directly apply the Supreme Court’s holding in AT&T Mobility v. Concepcion, 131 S. Ct. 1740, 179 L. Ed. 2d 742 (2011). In a case involving an AT&T arbitration agreement, the Court ...
Following the Supreme Court's decision in AT&T Mobility, Inc. v. Concepcion, 113 S. Ct. 1740 (2011), it seemed clear that states possessed little power to limit the enforcement of arbitration provisions and class action waivers in consumer contracts.
The U.S. Supreme Court recently heard oral argument on a case that could impact the enforceability of mandatory arbitration clauses and class action waivers in consumer contracts.
Discussion of the pending U.S. Supreme Court case of CompuCredit Corporation, et al. v. Greenwood and arbitration agreements in consumer contracts.