Siding with the defense in a closely-watched employment case, the U.S. Court of Appeals for the Fifth Circuit on Tuesday upheld the use of class or collective action waivers in arbitration agreements.
A New York appeals court ruled that an arbitrator was right to reject a $200 million-plus damages claim against Tullett Prebon by rival brokerage firm BGC Partners Inc.
A U.S. arbitrator awarded Kraft Foods Inc. $2.76 billion in its breach of contract dispute with Starbucks Corp. over packaged coffee.
Customers with billing disputes can't bring arbitration claims as a class, even if it doesn't make financial sense for them to bring those claims individually.
Over the last year, the U.S. Court of Appeals for the Ninth Circuit first killed and then revived a California state law that provides an escape hatch from compulsory arbitration. On Monday the Ninth Circuit declared the law dead—again.
The Third Circuit ruled that "the interests of rich businesspersons" in confidential arbitrations can't be allowed to trump the public's right to access civil trials.