Judge King Denies (Again) Checking Overdraft Arbitration Agreements.

11th Circuit, 11th Schmircuit, that’s what I always say. And I see I’m not alone.

On Friday in the closely-watched Checking Overdraft litigation, Judge King has denied renewed motions to enforce bank arbitration agreements in the wake of the Supreme Court’s Carlos Concepion decision, finding them both procedurally and substantively unconscionable.

Here’s what plaintiff’s counsel Aaron Podhurst had to say:


Ok, I’m paraphrasing; here were his exact words:

“Concepcion only said that you don’t knock out arbitration automatically,” Aaron Podhurst, the lead plaintiffs’ lawyer, said in an interview. “Concepcion said it’s a fact issue, so Judge King applied the facts. We have Judge King finding that in four different states, the arbitration agreements are unconscionable.” 

In other post-Labor Day news, Governor Scott has decided he really hates “regulations”:

“Every dime a company spends on regulations is a dime they add to what you care about as a purchaser of a product or service,” he said. “You hear the stories. Why do we have to do this? What’s the benefit?


Why do I have to check for razor blades when I sell apples to the public schools?

Who can really keep track of the permissible amounts of rat droppings in Rice-A-Roni?

Why do we have to do this?  What’s the benefit?