West Coast Lunchtime Legal Briefing Teleconference - Changing Enforcement Landscapes: Class Action Waivers in Arbitration Agreements & Issues in International Investigations
What You Need to Know About the Future of Class Action Waivers in Litigation and How Your Company Can Avoid Potential Criminal Land Mines in the International Markets
Recent U.S. Supreme Court and California decisions draw attention to the enforceability of class action waivers in arbitration agreements. Historically, companies have used mandatory arbitration agreements in contracts to limit litigation costs and expedite dispute resolution, including through the mechanism of class action waivers. Enforceability of these waivers has varied depending on the court in which the agreement is challenged. Business & securities litigation partner Rocky Tsai shed light on recent case opinions and the applicability of these waivers in future litigation.