The Seventh Circuit Court of Appeals recently concluded that an arbitration clause that prohibited claimants from seeking or receiving any remedy that provided additional retirement benefits or other relief was unenforceable because it prospectively waived ERISA remedies.
James Smith worked for Triad Manufacturing Inc. Triad offered Smith and other employees a defined contribution employee retirement plan. In 2018, after Smith had left Triad, Triad added an arbitration provision with a class action waiver to the plan, which stated…
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The presence of arbitration clauses in franchise contracts is not a novelty[1]– on the contrary, it is a practice being used frequently in such type of contracts. But when such...
By Leonardo de Oliveira, Clotilde Jourdain-FortierThis article first appeared on Global Arbitration News by Baker McKenzie, here. With the emergence of the COVID-19 virus in early 2020, Switzerland along with many other countries introduced extensive...
By Valentina Hirsiger, Lukas FrommeltThis article was first published on the Securities Arbitration Alert blog, here. Introduction Industry-sponsored arbitration has long been the only option for investors who have claims against their financial advisors...
By Courtney M. Werning, David Neuman, Jorge L. Riera, Michael S. Edmiston
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