Diana Eng

Diana Eng

Blank Rome LLP

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CFPB Eliminates Class Action Waivers with New Arbitration Rule

On July 10, 2017, the Consumer Financial Protection Bureau (“CFPB”) issued a final rule (“Arbitration Rule”) prohibiting banks, debt servicers, credit card companies, and a wide range of other businesses from using...more

7/13/2017  /  Arbitration , Arbitration Agreements , Class Action , Class Action Arbitration Waivers , Consumer Contracts , Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Financial Services Industry , Mandatory Arbitration Clauses
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