A number of consumer advocates have criticized the decision and have expressed concern that the court has taken a major step toward allowing class action bans in all contracts.
Consumer advocates fear that if the Supreme Court rules in favor of Rent-A-Center, consumers and employees required to sign arbitration agreements will be deprived of any ability to challenge enforceability of those agreements in court.
EnPro Industries has put its subsidiary, Garlock Sealing Technologies, into Chapter 11 bankruptcy to avoid further litigation of lawsuits by victims who have been diagnosed or died from asbestos-related diseases caused by Garlock's products.
The FTC requires Countrywide to pay back excessive fees charged to homeowners. In one of the largest settlements imposed by the Federal Trade Commission, Countrywide will pay back $108 million.
The case is AT&T Mobility v. Concepcion and it will be heard at the Supreme Court later this year. The question to be decided is whether the Federal Arbitration Act (“FAA”) preempts rulings that particular class action bans are unconscionable under generally applicable state contract law.
Tyson Foods has agreed to a nationwide injunction requiring poultry workers be paid for donning and doffing time. The agreement with Tyson Foods will become fully effective at all Tyson’s plants no later than December 1, 2012.
RPM International has put its subsidiary, Bondex International, into Chapter 11 bankruptcy to avoid further litigation of lawsuits by victims who have been diagnosed or died from asbestos-related diseases caused by Bondex's products.
The familes of rig workers killed in the April 20, 2010 BP oil rig explosion, and the fortunate rig workers who survived, are limited in the recovery of their damages by federal law.