President Biden Signs Into Law Limits on Mandatory Arbitration Agreements – What Does This Mean for Businesses?

Congress recently passed the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021, which President Biden signed into law on March 3, 2022. The new law, which prohibits the use of mandatory arbitration and class action waivers for sexual assault and harassment claims, will require employers nationwide to review their arbitration agreements and make necessary changes to comply with the law.

 

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