Richard Benenson

Brownstein Hyatt Farber Schreck

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Latest Posts › Arbitration

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CFPB Moves to Eliminate Class Action Waivers in Arbitration Clauses, but Congress Looks to Keep the Rule Off the Books

On July 10, 2017, the Consumer Financial Protection Bureau (CFPB) unveiled a long-awaited and highly contentious final rule to severely curtail the scope of arbitration clauses in consumer financial contracts. While the rule...more

7/13/2017 / Arbitration , Class Action , Class Action Arbitration Waivers , Congressional Review Act , Consumer Financial Contracts , Consumer Financial Protection Bureau (CFPB) , Dodd-Frank , Final Rules , Financial Services Industry

California Deals Another Blow to Arbitration Agreements, But It Is Far From A Knockout Punch

California continues to modify the Concepcion landscape. On April 6, 2017, the California Supreme Court once again issued a pro-consumer ruling that is already being applauded by the plaintiffs’ bar. The ruling came out in...more

4/21/2017 / Arbitration , Arbitration Agreements , AT&T Mobility v Concepcion , Citibank , Consumer Financial Contracts , Injunctive Relief , Unfair Competition Law (UCL)

CFPB Releases Proposed Rule Restricting Arbitration Clauses

As expected, the Consumer Financial Protection Bureau (CFPB) used today’s field hearing in Albuquerque, N.M. to roll out a Notice of Proposed Rulemaking (NPRM) that would significantly limit companies’ ability to use...more

5/6/2016 / Arbitration , Consumer Financial Protection Bureau (CFPB) , Mandatory Arbitration Clauses , NPRM

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