Act May Invalidate Arbitration Provisions For Cos.
August 28, 2008, 12:00 AM EDT
Law360, New York (August 28, 2008, 12:00 AM EDT) -- One year and three days after its introduction, the so-called "Arbitration Fairness Act of 2007" has advanced in the U.S. House of Representatives. This legislation would, as reported in a prior legal news alert from our firm, invalidate pre-dispute agreements to arbitrate "franchise," "consumer," and "employment" disputes as defined by the statute.
On July 15, 2008, the House Judiciary Committee's Subcommittee on Commercial and Administrative Law (Subcommittee) reported the bill without amendment. At the same time, the Subcommittee reported the so-called "Automobile Arbitration Fairness Act of...