Tribal Law Provision Makes Arbitration Of Loan Claims Invalid, 3rd Circuit Says

Mealey's (July 15, 2020, 1:51 PM EDT) -- PHILADELPHIA — Borrowers can pursue racketeering class claims in a payday lending suit against a tribal entity in lieu of arbitrating the claims because the loans’ requirement that claims be heard in tribal court makes the arbitration provision unenforceable, the Third Circuit U.S. Court of Appeals held July 14 in affirming a trial court ruling (Christina Williams, et al. v. Medley Opportunity Fund II, LP, et al., Nos. 19-2058, 19-2082, 3rd Cir.)....