Elizabeth Cabraser Comments on Proposed Class Waiver Ban in Arbitration Agreements

Elizabeth Cabraser Class Waiver Ban Proposal in Arbitration

As reported in the Daily Journal, on October 7, 2015, the U.S. Consumer Financial Protection Bureau (CFPB) announced a proposal that would bar class waivers as a way to regulate forced arbitration clauses in contracts. Lieff Cabraser attorney Elizabeth J. Cabraser commented on the issue, noting that the new CFPB proposal is “pro-consumer,” since the arbitration clauses that block group lawsuits would be banned. [Read more…]

Arbitration Everywhere, Stacking the Deck of Justice

Arbitration Everywhere - Stacking the Deck Against Justice

In the first of a series of pieces subtitled “Beware the Fine Print,” the New York Times has published an article investigating the rampant practice of forced arbitration, “a far-reaching power play orchestrated by American corporations” to restrict the rights of consumers. As the Times noted, “By inserting individual arbitration clauses into a soaring number of consumer and employment contracts, companies [have] devised a way to circumvent the courts and bar people from joining together in class-action lawsuits, realistically the only tool citizens have to fight illegal or deceitful business practices.” [Read more…]