• SCOTUS: Class Arbitration Waiver Enforceable Under Federal Arbitration Act
  • June 26, 2013 | Authors: Charles A. Gilman; Jonathan I. Mark; John J. Schuster
  • Law Firm: Cahill Gordon & Reindel LLP - New York Office
  • On June 20, 2013, the United States Supreme Court issued its decision in American Express Co. et al. v. Italian Colors Restaurant et al, ruling, in a 5-3 decision, that neither the Federal Arbitration Act nor the “effective vindication doctrine”, permits courts to invalidate contractual waivers of class arbitration provisions when a plaintiff’s cost of pursuing an individual claim is prohibitively expensive.