Fla. High Court Applies Concepcion In Check Cashing Ruling

Law360, Miami (April 11, 2013, 8:59 PM EDT) -- Citing the U.S. Supreme Court's landmark Concepcion decision, the Florida Supreme Court on Thursday deemed a class action waiver in an arbitration agreement signed by customers of a check cashing company valid and enforceable.

The state high court quashed the Fourth District Court of Appeals decision that had ruled the class action waiver in McKenzie Check Advance LLC's arbitration agreements with customers violated Florida public policy by leaving individual customers without an adequate recourse against the company.

But after the 'Fourth District issued its ruling, the...
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