Second Circuit Once Again Refuses to Enforce an Arbitration Clause in a Credit Card Agreement With A Class Action Waiver
Yesterday, the Second Circuit Court of Appeals reaffirmed its earlier decision in In re Am. Express. Merchs. Litig., 554 F.3d 300 (2009), that a pre-dispute arbitration clause in a credit card agreement (American Express) was not enforceable because it contained a provision requiring consumers to waive their rights to pursue claims as a class. See … Continue reading Second Circuit Once Again Refuses to Enforce an Arbitration Clause in a Credit Card Agreement With A Class Action Waiver