Credit Co. Tells High Court CROA Doesn’t Nix Arbitration

Law360, New York (October 11, 2011, 7:05 PM EDT) -- In an effort to compel individual arbitration in a consumer class action against it, financial services company CompuCredit Corp. on Tuesday told the U.S. Supreme Court that consumers’ right to sue under the Credit Repair Organizations Act did not preclude arbitration.

During oral arguments challenging the Ninth Circuit’s decision upholding the denial of CompuCredit’s motion to compel arbitration in the putative class action, the parties sparred over whether the disclosure provision of CROA — which requires credit report organizations to notify consumers of their right to...
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