Christopher Cariello

Christopher Cariello

Orrick, Herrington & Sutcliffe LLP

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CFPB Proposes New Class Action Arbitration Rule: Possible Challenges and Practical Impacts

The U.S. Consumer Financial Protection Bureau (CFPB) yesterday issued a Notice of Proposed Rulemaking that, among other things, would prohibit the use of class action waivers in arbitration clauses in connection with a broad...more

5/6/2016  /  Arbitration , Arbitration Agreements , Class Action , Class Action Arbitration Waivers , Consumer Contracts , Consumer Financial Products , Dodd-Frank , Federal Arbitration Act , Financial Services Industry , Service Contracts
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