Tag results for 'consumers'

US mass arbitrations present new challenges prompting re-examination of class action waivers

Parties in the US including consumers and employees are bringing claims as mass arbitration, which is unique from class actions that have been the focus for many years. The new mass arbitrations present a unique challenge to companies, and call into the question whether and how to negotiate arbitration and class action waiver provisions in contracts.

Released on Jul 25, 2024

Keeping loans afloat during the current financial crisis in Romania

The main interest rate benchmarks for loans applicable in Romania have dramatically increased in the current financial crisis. Borrowers are concerned that a continued increase will trigger defaults and are seeking alternatives, which may prove to be only temporary relief.

Released on Nov 10, 2022