Unsettling Time for Arbitration, LA Business Journal, ft. Sanjay Bansal
Sanjay Bansal, Partner at Kaufman Dolowich & Voluck, LLP in Los Angeles, was quoted in an article written by Cale Ottens for the Los Angeles Business Journal, (October 19, 2015) —
Businesses are waiting anxiously for the U.S. Supreme Court Ruling on El Segundo satellite TV provider DirecTV arbitration clauses to see whether the court will maintain the status quo or strike down arbitration agreements and open employers up to untold millions in class-action legal costs.
Sanjay comments on the anticipated court ruling which is due in the summer 2016:
Sanjay Bansal, a partner in the San Francisco offices of Kaufman, Dolowich & Voluck said arbitration agreements are an important tool for businesses to have at their disposal because they oftentimes prevent individuals from joining a class-action lawsuit, which can take much longer to defend and can come with significantly higher financial burdens.
“It answers the question: Am I on the hook for $1000 or am I on the hook for $5 million here?” Bansal said. “These are big numbers here and the ramifications can be huge.”