Join Cooley partners Teresa Michaud and Marc Suskin for a discussion on the rise of mass arbitrations, where thousands of individual arbitrations are filed simultaneously by the same plaintiffs’ firm. This tactic often forces the responding company to face substantial upfront arbitration filing fees – potentially totaling millions of dollars – before the arbitration has even begun.
In addition to discussing how the mass arbitration trend took hold, this session reviews recent cases, legal developments and potential mechanisms for defending against the possibility of mass arbitrations for companies that wish to keep class action waivers in their arbitration agreements.