Deepa Zavatsky

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On March 10, Director Richard Cordray of the Consumer Financial Protection Bureau (“Bureau” or “CFPB”) presided over a Field Hearing on Pre-Dispute Arbitration Clauses, discussing what he described as the “key findings” of the Bureau’s long-awaited 700-page Arbitration Report to Congress published earlier that morning. Reed Smith attorney Deepa Zavatsky attended the hearing, where Cordray expressed the CFPB’s view that pre-dispute arbitration is not a “better alternative” to litigation, and he foreshadowed the Bureau’s likely…
I was taking my 10-year-old niece to see a movie the other night, and after she got into my car, we had an interesting conversation. “Zoe, please buckle your seat belt,” I said. “We’re only going downtown, do I have to?” she asked. “Of course you do,” I said. “Safety first.” “But I’ve never been in an accident. It won’t happen. Let’s get going!” Suffice it to say, Zoe buckled up, and we arrived without…