Details: American Express v. Italian Colors Restaurant Earlier today the Court decided that an arbitration agreement that precludes arbitration brought by a class of plaintiffs is enforceable under the Federal Arbitration Act (FAA) even if the proposed class of plaintiffs proves that it would be economically infeasible for individuals to pursue arbitration on their own. The case arose out of a dispute [...]
June 20, 2013 - SCOTUSblog
Ben Bernanke in guardian.co.uk A public-sector solution for Lehman proved infeasible, as the firm could not post sufficient collateral to provide reasonable assurance that a loan from the Federal Reserve would be repaid,said Bernanke. "And the treasury did not have the...
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