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The Office of Fair Trading (OFT) is to be given a new power to suspend consumer credit licences with immediate effect or from a date specified in the notice, where this is urgently necessary for the protection of consumers
For the third time in this case, the Second Circuit found the class action waiver provision in the agreements between Defendants American Express Company and American Express Travel Related Services Company (together, "Amex") and Plaintiff merchants to be unenforceable under the Federal Arbitration Act ("FAA"), 9 U.S.C. 1 et seq
