Chicago Partner Rusty Perdew, Co-Chair of Locke Lord’s Consumer Products, Retail & Franchise Industry Group and a member of the Firm’s Class Actions Practice Group, commented on the implications of the Supreme Court’s decision in Lamps Plus v. Varela in the National Law Journal. The ruling strengthened the Federal Arbitration Act to the benefit of businesses by favoring individual over class arbitrations.
“This decision will make it easier for parties who have an arbitration agreement to stop class actions filed in court and compel individual arbitration,” Perdew said. “Only agreements that clearly permit arbitration on a class basis will allow either party to force the other party into a class-action arbitration procedure.”
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