By George H. Friedman, SAA Publisher & Editor-in-Chief
In a case of first impression, the New Jersey Appellate Division holds that the strict “waiver of jury trial” requirement for predispute arbitration agreements (“PDAA”) involving consumers articulated in Atalese and its progeny does not apply to PDAAs between sophisticated parties of relatively equal bargaining positions.
By George H. Friedman, SAA Publisher & Editor-in-Chief
The California statute allowing a consumer to evade an arbitration agreement if a business does not pay its share of arbitration fees does not require an affirmative finding from an arbitrator and applies to voluntary arbitration agreements.
By Harry A. Jacobowitz
A U.S. District Court judge, after issuing an order to compel arbitration, learned he had a conflict of interest and disqualified himself;
By George H. Friedman, SAA Publisher & Editor-in-Chief
The Consumer Financial Protection Bureau (“CFPB”) has sued online lender MoneyLion in federal court,
By George H. Friedman, SAA Publisher & Editor-in-Chief
A coalition of over a hundred consumer advocacy groups has written to CFPB Director Chopra,
By George H. Friedman, SAA Publisher & Editor-in-Chief
Confirming what we teased in June, the CFPB’s recently-released regulatory agenda shows that the agency does not intend to revisit a rule covering arbitration of consumer financial disputes.
