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Will Congress or the CFPB attack Concepcion?

  • Morrison & Foerster LLP
  • -
  • USA
  • -
  • June 2 2011

On May 12, 2011, Senators Franken and Blumenthal reintroduced the Arbitration Fairness Act (AFA) which, if passed, would amend the FAA to render unenforceable any mandatory arbitration clause for employment, consumer, franchise, or civil rights disputes, as well as any dispute arising under any statute intended "to regulate contracts or transactions between parties of unequal bargaining power."

Financial services report, Summer 2012

  • Morrison & Foerster LLP
  • -
  • USA
  • -
  • June 8 2012

New York Mayor Michael Bloomberg wants to ban sodas sold in containers of more than 16 ounces