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Ballard Spahr LLP | USA | 28 Jul 2010

Federal court enforces class action waiver on motion to compel arbitration filed by debt buyer

The decision in Wood v. Palisades Collection LLC, No. 09-4627 (D.N.J), issued July 22, 2010, underscores the need for a debt buyer sued in a class action to review carefully the original credit card agreement and all change-in-terms notices to ascertain whether there is a binding arbitration agreement.

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