Class action waiver
http://dbpedia.org/resource/Class_action_waiver
A class action waiver is a provision found in some contracts which prohibits a party from filing a class action legal proceeding against the other party, or both parties waiving the right to file class actions against each other. These clauses are most often found in the United States and agreements with American citizens.
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Class action waiver
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A class action waiver is a provision found in some contracts which prohibits a party from filing a class action legal proceeding against the other party, or both parties waiving the right to file class actions against each other. These clauses are most often found in the United States and agreements with American citizens. Class action waivers may be found on a standalone basis, though they are more commonly found as part of an arbitration clause, and when paired with such clauses, frequently include jury trial waivers. All three clauses are the subject to controversy and wide legal debate, with supporters claiming the tools are strong risk management tools and the expense that class action litigation presents both in regard to time and money, though advocacy groups argue that these clauses reduce the rights of consumers and employees and prevent companies from being held accountable for grievances such as wage and hour violations. Class action waivers legality across countries and administrative decisions range in legality between jurisdictions, with some countries and provinces like France and Canadian province of Ontario banning such clauses, while the United States Supreme Court ruling in Epic Systems Corp. v. Lewis that such clauses are enforceable.
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11244