An arbitration blog by Prof. Imre Szalai
Today, October 7, 2015, the Consumer Financial Protection Bureau issued its proposals regarding arbitration agreements. Under these proposals, arbitration agreements in a contract for consumer financial products or services must explicitly state that the arbitration agreement does not apply to Continue Reading
Dear readers, I wanted to share an important message from Professor Marley Weiss of the University of Maryland: With apologies to the readers of this blog who already have been invited to sign onto this letter, I would like to invite Continue Reading
The Consumer Financial Protection Bureau just issued this morning its report to Congress on the use of consumer arbitration in connection with financial products. (Click here for a link to the report.) This report is the most comprehensive, data-driven study Continue Reading
On April 24, 2014, FINRA’s board of governors found that Congress, through the Securities Exchange Act, gave registered securities associations such as FINRA the responsibility to regulate the brokerage industry, subject to oversight by the Securities & Exchange Commission. (Click Continue Reading
Earlier today, the Consumer Financial Protection Bureau released a preliminary report regarding its study of pre-dispute arbitration agreements in the consumer financial services and products industries. The Dodd-Frank Act instructed the Bureau to engage in this study. Click here for Continue Reading
The Dodd-Frank Act Wall Street Reform Act of 2010 authorized the SEC to restrict the use of pre-dispute arbitration agreements in the securities industry. Reuters recently reported that at a conference earlier this week, SEC commissioner Elisse Walter mentioned the Continue Reading
A federal court in Mississippi recently compelled arbitration of negligence claims against a defendant nursing home. Myers v. GGNSC Holdings, LLC, No. 2:11CV133-B-A (N.D. Miss. May 8, 2013) (Click here to see copy of opinion). The injured plaintiff’s son had Continue Reading
A federal court in Oklahoma recently enforced an arbitration agreement entered into electronically through a hiring kiosk at JC Penney. Gonzales v. JC Penney Corp, No. 13–CV–86–GKF–TLW (N.D. Okl. Apr. 29, 2013). An employee sued JC Penney in state court Continue Reading
In McFarland v. Almond Board of California, No. 2:12–CV–02778–JAM–CKD (E.D. Cal. Apr. 25, 2013), a federal court found an employment arbitration agreement unconscionable because the employer retained the right to modify the agreement unilaterally and because the arbitration agreement permitted Continue Reading