9th Circuit Upholds Arbitration In Loan Repayment Class Suit’s Third-Party Complaint

Mealey's (October 24, 2018, 11:58 AM EDT) -- SAN FRANCISCO — A Ninth Circuit U.S. Court of Appeals panel on Oct. 22 affirmed an arbitration order and dismissal of a third-party complaint filed in a putative class action by borrowers over the termination of a loan repayment program, finding that the class waiver in the arbitration agreement had not been deemed invalid (Nationwide Biweekly Administration, Inc. v. BMO Harris Bank NA, No. 17-15964, 9th Cir., U.S. App. LEXIS 29663)....