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Brushing aside an earlier California appellate court decision as "wrongly decided," an appeals court in Los Angeles ruled Tuesday that the 1925 Federal Arbitration Act prevents states from revising arbitration contracts it deems unconscionable. The opinion upholds credit card issuer Discover Bank's right to prohibit class action claims in its pre-dispute arbitration contracts.
January 16, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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