Fredrick S. Levin Quoted in American Banker Article, “California Supreme Court Limits Arbitration Waivers”
American BankerFredrick S. Levin
Fredrick S. Levin was quoted on April 7, 2017 in an American Banker article, “California Supreme Court Limits Arbitration Waivers.” The article discussed the unanimous decision by the California Supreme Court, which found that an arbitration agreement that waives a plaintiff’s right to pursue public injunctive relief in any forum is invalid and unenforceable under state law.
Levin noted that financial institutions will need to evaluate their arbitration agreements for the similar language found in this case. “Parties seeking to enforce their arbitration agreements in California will need to consider carefully whether the language of their agreement precludes resolution of public injunctive relief claims in any forum,” Levin said.
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