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Results: 1-10 of 64

CFPB Issues Proposed Rule to Restrict the Use of Mandatory Arbitration Clauses and Class Action Waivers
  • Katten Muchin Rosenman LLP
  • USA
  • May 16 2016

If implemented, the Proposed Rule will result in an increase in class action lawsuits against consumer finance companies that currently include class


CFPB Proposes to Prohibit Arbitration Clauses by Banks
  • Katten Muchin Rosenman LLP
  • USA
  • May 8 2016

The Consumer Financial Protection Board proposed rules that would prohibit certain providers of financial products and services to consumers from


Consumer Financial Protection Bureau To Outlaw Mandatory Pre-Dispute Arbitration Provisions
  • Katten Muchin Rosenman LLP
  • USA
  • May 6 2016

On May 5, the Consumer Financial Protection Bureau (Bureau) issued a proposed rule that would prohibit covered providers of certain consumer


Defendant waived arbitration rights by failing to assert affirmative defense
  • Katten Muchin Rosenman LLP
  • USA
  • February 20 2009

Customers of NECC Telecom (NECC), a telephone service provider, brought an action against NECC asserting, among other things, violations of the Federal Communications Act of 1934 and the Federal Communications Commission's Truth-in-Billing Act


District court rules that individual LLC member is third-party beneficiary and bound by arbitration agreement
  • Katten Muchin Rosenman LLP
  • USA
  • December 21 2012

The US District Court for the Southern District of Florida confirmed that third-party beneficiaries of a contract containing an arbitration clause may be


Third party may not compel signatories to an arbitration agreement
  • Katten Muchin Rosenman LLP
  • USA
  • May 7 2010

The U.S. Court of Appeals for the Second Circuit reversed a district court’s grant of individual co-defendants’ motion to dismiss and to compel arbitration between plaintiff and entity co-defendant, on the grounds that the movants (1) were non-signatories to the Fulfillment Agreement between plaintiff and entity co-defendant which contained the arbitration provision they were attempting to enforce, and (2) had explicitly disclaimed any right to participate in the arbitration they were seeking to compel


Arbitration provision upheld despite competing agreements
  • Katten Muchin Rosenman LLP
  • USA
  • October 2 2009

The District Court for the Western District of Pennsylvania compelled arbitration of investors’ claims based on an arbitration provision in subscription agreements despite the fact that the limited partnership agreement, which included an integration clause, contained no arbitration clause


Employer not named in employment agreement can enforce arbitration clause
  • Katten Muchin Rosenman LLP
  • USA
  • February 26 2010

The U.S. District Court for the Southern District of Florida held that a scrivener’s error identifying the wrong entity as employer did not preclude enforcement of an arbitration clause in an employment agreement


FINRA to amend arbitration rules regarding deficient claims
  • Katten Muchin Rosenman LLP
  • USA
  • February 26 2010

The Financial Industry Regulatory Authority has amended its Codes of Arbitration Procedure for Customer and Industry Disputes to clarify that if a claim deficiency is corrected within 30 days from the time a party receives notice of a deficiency, the claim will be considered filed on the date the initial statement of claim was filed


Arbitration clause in one agreement governed dispute under related agreement
  • Katten Muchin Rosenman LLP
  • USA
  • March 7 2008

Plaintiff sued defendants for, among other things, securities fraud in connection with its purchase of an unregistered security in one of the defendant limited liability companies (LLC