Act's Silence On Arbitration Means Claims Must Be Arbitrated, High Court Rules

WASHINGTON, D.C. - Because the Credit Repair Organizations Act (CROA) does not specifically state whether claims brought pursuant to the act are eligible for arbitration, the Federal Arbitration Act (FAA) requires an arbitration agreement in a credit card agreement "to be enforced according to its terms," a split U.S. Supreme Court ruled Jan. 10 (CompuCredit Corp., et al. v. Wanda Greenwood, et al., No. 10-948, U.S. Sup.; 2012 U.S. LEXIS 575; See October 2011, Page 7). View today's headlines and listen to the latest podcast at www.lexisnexis.com/legalnews Do you have news to share? Interested in writing a commentary article? Email the Mealey News Desk at Mealeys@LexisNexis.com Full story on lexis.com