In American Express Co. v. Italian Colors Restaurant, a divided Supreme Court today reversed the Second Circuit and held that plaintiffs may not invalidate an arbitration agreement containing a class action waiver merely because proving their claims on an individual basis would cost many times more than their potential recovery. In doing so, Justice
Who Decides Whether Statute of Limitations in Arbitration Clause Is Too Short?
By Liz Kramer on
Posted in Validity of Arbitration Agreement
Arbitration agreements may shorten the statute of limitations that would otherwise be available for claims — but only to a point. A recent opinion from the First Circuit shows that how a plaintiff frames its argument that the contractual limitations period is unreasonably short can make a difference not only on whether the argument is…