Supreme Court says forced arbitration OK under credit repair law - Los Angeles Times

Posted by admin! / Under Credit Repair Organizations Act


Los Angeles Times
Supreme Court says forced arbitration OK under credit repair law
Los Angeles Times
Justice Antonin Scalia, writing for the majority, said the 1996 Credit Repair Organizations Act was silent on whether claims under the law could go to arbitration. For that reason, CompuCredit was allowed to force such claims into arbitration under the ...
Consumers Can't Sue Credit Repair CompaniesCourthouse News Service
Court rules for arbitration in credit card caseReuters
US High Court Requires Arbitration Of Credit-Card LawsuitWall Street Journal
Legal News Line -BusinessWeek
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Published on Sunday 5th of February 2012 01:09:20 AM

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Consumers Can't Sue Credit Card Companies for Deceptive Language and Hidden Fees - JD Supra (press release)

Posted by admin! / Under Credit Repair Organizations Act

Consumers Can't Sue Credit Card Companies for Deceptive Language and Hidden Fees
JD Supra (press release)
The plaintiffs had hoped that the 1996 Credit Repair Organization Act, aimed at stopping deceptive credit card practices, would allow them to be heard in front of a jury. Not so, said the court—nothing in the act decisively prevents companies from ...
Pillsbury Winthrop Shaw Pittman | U.S. Supreme Court Reaffirms Support for ...Linex Legal (press release) (registration)

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Published on Sunday 5th of February 2012 01:09:20 AM

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San Francisco Consumer Protection Lawyer: High Court Favors Big Business- Again! - WiredPRNews.com (press release)

Posted by admin! / Under Credit Repair Organizations Act

San Francisco Consumer Protection Lawyer: High Court Favors Big Business- Again!
WiredPRNews.com (press release)
... Consumer Protection Lawyer News) — Consumers are up in arms and demanding their right to a day in court, after the US Supreme Court overturned a ruling that prohibited arbitration clauses under the 1996 Credit Repair Organization Act (CROA).

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Published on Sunday 5th of February 2012 01:09:20 AM

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Time to fix the arbitration system? - Fox Business

Posted by admin! / Under Credit Repair Organizations Act

Time to fix the arbitration system?
Fox Business
"If the law supposes that," said Mr. Bumble… "the law is an ass -- an idiot." Under the Credit Repair Organizations Act, companies (including credit card companies) that claim they are going to repair your credit must advise you in writing: "You have ...

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Published on Sunday 5th of February 2012 01:09:20 AM

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Supreme Court backs binding arbitration agreements - Washington Post

Posted by admin! / Under Credit Repair Organizations Act

Supreme Court backs binding arbitration agreements
Washington Post
Consumers complained that a card promoted as having an upfront $300 credit line was hit with initial fees totaling $257, leaving them with not much of an available balance. The key to the case was the federal Credit Repair Organizations Act, ...

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Published on Sunday 5th of February 2012 01:09:20 AM

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Supreme Court Upholds Use Of Arbitration In CROA Lawsuits - Mondaq News Alerts (registration)

Posted by admin! / Under Credit Repair Organizations Act

Supreme Court Upholds Use Of Arbitration In CROA Lawsuits
Mondaq News Alerts (registration)
The US Supreme Court has handed credit counseling agencies a major victory. By an 8-1 vote, on January 10, 2012, the Court ruled that lawsuits brought under the federal Credit Repair Organizations Act ("CROA") can be subject to mandatory arbitration.
CompuCredit: Credit the Supreme Court for Consistency on Enforcement of Pre ...JD Supra (press release)
Jackson Lewis | U.S. Supreme Court Again Confirms Viability of Arbitration ...Linex Legal (press release) (registration)

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Published on Sunday 5th of February 2012 01:09:20 AM

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Without Crystal Ball, Employment Laws Remain Murky - Connecticut Law Tribune

Posted by admin! / Under Credit Repair Organizations Act


Connecticut Law Tribune
Without Crystal Ball, Employment Laws Remain Murky
Connecticut Law Tribune
10-948, upholding arbitration of claims brought under the Credit Repair Organizations Act. Nevertheless, in Horton, the NLRB ruled that while the forum can be limited, employees covered by the National Labor Relations Act have an unwaiveable right to ...

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Published on Sunday 5th of February 2012 01:09:20 AM

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US Supreme Court: Credit Repair Act claims can be arbitrated - Wisconsin Law Journal

Posted by admin! / Under Credit Repair Organizations Act

US Supreme Court: Credit Repair Act claims can be arbitrated
Wisconsin Law Journal
Because the Credit Repair Organizations Act is silent on whether claims can proceed in arbitration, the Federal Arbitration Act mandates that the parties' arbitration agreement be enforced, the US Supreme Court has ruled. A group of consumers brought ...

Published on Sunday 5th of February 2012 01:09:20 AM

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Supreme Court again expands use of forced arbitration clauses - Madison County Record

Posted by admin! / Under Credit Repair Organizations Act


Madison County Record
Supreme Court again expands use of forced arbitration clauses
Madison County Record
Greenwood, that companies that promise to repair an individual's credit can force customers into arbitration, instead of to a judge or jury trial, under the Federal Arbitration Act (FAA), even though the 1996 the Credit Repair Organizations Act gives ...
Supreme Court rules for arbitration in low-rate credit cards casesCredit Newsline
Five Credit Counseling Compliance Tips And Best Practices For The New YearMondaq News Alerts (registration)
Supreme Court decides CompuCredit Corp. v. GreenwoodLexology (registration)

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Published on Sunday 5th of February 2012 01:09:20 AM

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Carlyle Readies an Unfriendly IPO for Shareholders - New York Times

Posted by admin! / Under Credit Repair Organizations Act


New York Times
Carlyle Readies an Unfriendly IPO for Shareholders
New York Times
Greenwood, the Supreme Court upheld an arbitration clause rebutting claims that provisions of the Credit Repair Organizations Act prohibited arbitration clauses. It may very well decide to allow Carlyle's provision. More immediate is the question of ...

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Published on Sunday 5th of February 2012 01:09:20 AM

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