How Supreme Court Precedent May Affect the CFPB’s Pre-Dispute Arbitration Proposal

Steptoe partners Michael Baratz and Matthew Kulkin authored an article titled “How Supreme Court Precedent May Affect the CFPB’s Pre-Dispute Arbitration Proposal” for Bloomberg BNA.  The article, published August 29, examines how the US Supreme Court has addressed class-action waivers in consumer agreements for financial or financial-related services and determine what, if any, guidance they offer on how courts might treat the CFPB’s proposal to prohibit class-action litigation waivers in the consumer financial services setting.