Bench-Trial Agreements Upheld...
Yesterday's Seventh Circuit opinion, IFC Credit v. United Business, should be of interest to
anyone out there contracting and agreeing to waive a trial
by jury. The Court found that state law
will control a determination about the validity of bench-trial agreements (jury-waiver clauses) in federal cases brought under diversity jurisdiction.
Apparently, it may create a possible circuit
split between the Courts as well.
The failure to have an attorney review or negotiate the terms of a contract appear to no longer be a decent defense to jury-waiver clauses.