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Waiver of arbitration may be retracted after amended complaint is filed

  • Jenner & Block
  • -
  • USA
  • -
  • February 27 2012

The Eleventh Circuit held that a defendant bank that had previously waived its right to compel arbitration in connection with a consumer class action lawsuit and which had litigated the case for nine months could retract its waiver after plaintiff filed an amended complaint

Second Circuit ruling expands applicability of FINRA arbitration to customers of underwriter of ARS auctions

  • Jenner & Block
  • -
  • USA
  • -
  • January 31 2012

On September 22, 2011, the United States Court of Appeals for the Second Circuit held that a purchaser of bond auction services from an underwriter, UBS Financial Services Inc