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Pillsbury | USA | 1 Jul 2013

Supreme Court: class action waiver trumps federal statutory right

Continuing its string of recent pro-arbitration decisions, the U.S. Supreme Court handed down a decision enforcing class action waivers in


Pillsbury | USA | 27 Feb 2013

Citing Concepcion, FINRA panel OKs class action waivers in broker-dealer customer arbitration agreements

A Financial Industry Regulatory Authority ("FINRA") hearing panel held that FINRA's own rules prohibiting judicial class action waivers in


Pillsbury | USA | 9 Feb 2012

Second Circuit finds class action waiver deprived plaintiffs of antitrust protections

Declining to enforce an arbitration clause on the grounds that the class action waiver effectively would preclude plaintiffs from enforcing their rights under the Sherman and Clayton Acts, the Second Circuit distinguished the U.S. Supreme Court’s recent pro-arbitration decisions in Stolt-Nielsen, Concepcion and CompuCredit, and instead relied on Green Tree Financial Corp. and other earlier U.S. Supreme Court decisions.

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