Mandatory Binding Arbitration Is Almost Dead

Mandatory Binding Arbitration Is Almost Dead

A provision buried deep within the recently passed Wall Street reform bill has the power to finally kill off mandatory binding arbitration, one of the more dangerous anti-consumer practices still sanctioned by law. While the bill includes a limited provision banishing arbitration agreements from mortgages and home equity loans, it also gives broad powers to the Securities and Exchange Commission and the new Consumer Financial Protection Bureau to kill off arbitration in all other consumer financial products. [More]

Senate Protects Employee Rights With Forced Arbitration Ban

Senate Protects Employee Rights With Forced Arbitration Ban

Yesterday, the Senate adopted an amendment that will prevent federal funding from going to any contractor that requires its employees to use mandatory binding arbitration, instead of court, for sexual assault and civil rights claims against the company.

No Arbitration For Halliburton Sexual Assault Case, Court Holds

No Arbitration For Halliburton Sexual Assault Case, Court Holds

A woman who was allegedly raped while working for Halliburton/Kellogg Brown & Root in Iraq will have her civil claims heard in court, not by a company-selected arbitrator, thanks to a ruling by the Fifth Circuit Court of Appeals.

Another Arbitration Firm Pulls Out Of Credit Card Arbitration

Another Arbitration Firm Pulls Out Of Credit Card Arbitration

Just days after the National Arbitration Forum agreed to stop arbitrating consumer credit card disputes, the American Arbitration Association has decided to do the same. This is good, but passage of the Arbitration Fairness Act is still necessary.

Minnesota Attorney General Punches National Arbitration Forum In The Face

Minnesota Attorney General Punches National Arbitration Forum In The Face

Minnesota has filed a lawsuit against the National Arbitration Forum, alleging fraud, false advertising, and deceptive trade practices.

Arbitration Fairness Act On "All Things Considered"

Arbitration Fairness Act On "All Things Considered"

The perils of forced arbitration and the need for the Arbitration Fairness Act were recently featured on an NPR piece. The story discusses the case of Jamie Leigh Jones, the former Halliburton employee who was gang raped in Iraq by her coworkers, then was sent to arbitration when she tried to sue her employer.

http://consumerist.com/2009/05/05/the-house-subcommittee-on-commercial/

The House Subcommittee on Commercial and Administrative Law is currently holding a hearing on forced arbitration and credit cards, appropriately titled “Federal Arbitration Act: Is the Credit Card Industry Using It To Quash Legal Claims?” Our friends at Public Citizen will be testifying. You can view (or at least listen to) the Real Player stream here.

Forced Arbitration: You Can't Sue Us For Discrimination

Forced Arbitration: You Can't Sue Us For Discrimination

Besides banning forced arbitration in consumer and franchise contracts, the Arbitration Fairness Act bans mandatory binding arbitration clauses in employment contracts. John’s story illustrates why this is necessary, inside.

"We Build In Middle Class Neighborhoods Because You Can't Afford To Fight Us"

"We Build In Middle Class Neighborhoods Because You Can't Afford To Fight Us"

Meet Michelle. We met Michelle at Arbitration Fairness Day and she told us about being forced into arbitration when she tried to get her poorly constructed home repaired. Now she’d like to share her story with you.

Forced Arbitration: You Lose, Now Pay For Our Lunch

Forced Arbitration: You Lose, Now Pay For Our Lunch

Mandatory binding arbitration, which corporations use to dodge accountability for their discrimination, negligence, or harassment, is a caricature of justice that offers no protection to consumers or employees. It’s also terrible for small business owners, as one couple found out.

Forced Arbitration: As Fair As A Sucker Punch

Forced Arbitration: As Fair As A Sucker Punch

We at Consumerist really hate mandatory binding arbitration, the faux-legal sucker punch that companies deliver when they screw up and you try to sue, and so should you. We’ve talked about its evils a lot, but no one can describe this legal abomination as well as the victims themselves, so this week we’ll let them speak.

Mandatory Binding Arbitration Isn't Just Bad For Consumers, It's Bad For Small Businesses

Mandatory Binding Arbitration Isn't Just Bad For Consumers, It's Bad For Small Businesses

Mother Jones has an excellent writeup of Deborah Williams and Richard Welshans, the Maryland couple whose horrific experience with franchising a Coffee Beanery we’ve covered before. Inside, MoJo breaks down the arbitration award to show just how much more expensive arbitration is than litigation.

The Arbitration Fairness Act Is In The House

The Arbitration Fairness Act Is In The House

The Arbitration Fairness Act, which will ban binding mandatory arbitration clauses from consumer, employment, and franchise contracts, was reintroduced in the House yesterday.

Mandatory Binding Arbitration: The Worst Choose Your Own Adventure Ever

Mandatory Binding Arbitration: The Worst Choose Your Own Adventure Ever

Mandatory binding arbitration agreements are bad for consumers for so many reasons that, unless you’re the victim of one, it’s hard to keep track of the various ways you can be screwed. So we’ve come up with this helpful illustration: a choose-your-own-adventure-styled trip through the arbitration process.