mandatory binding arbitration

Arbitration Firms Are Godless Bloodsuckers

Arbitration Firms Are Godless Bloodsuckers

n 2006, Richard Neely, a retired chief justice of the West Virginia Supreme Court, penned an article for The West Virginia Lawyer entitled, “Arbitration and the Godless Bloodsuckers.” The National Arbitration Forum asked him to be an arbitrator one time and Neely described his experience: [More]

Arbitration Firm Rules Against Consumers 95% Of The Time

Arbitration Firm Rules Against Consumers 95% Of The Time

A popular arbitration firm, the National Arbitration Forum, only finds in favor of consumers 5% of the time, a new study released today by advocacy group Public Citizen reports. [More]

9 Reasons To Ban Mandatory Binding Arbitration

9 Reasons To Ban Mandatory Binding Arbitration

Mandatory binding arbitration is great for businesses to use in dealing with one another, but it sucks for consumers. Here’s 9 ways you get screwed in arbitration land, courtesy of the National Association Of Consumer Advocates[More]

Opt Out Of E*TRADE's Arbitration Clause

Opt Out Of E*TRADE's Arbitration Clause

Reader Jeff perused the contract for his new E*TRADE account and found not only a big wonkin’ arbitration clause in there, but a successive clause actually giving you a chance to opt out of it and retain your rights to not have disputes moderated in a corporate monkey court beyond the reach of law. [More]

MBNA Refuses To Appear For Binding Arbitration, May Still Prevail

MBNA Refuses To Appear For Binding Arbitration, May Still Prevail

Elizabeth Warren, the doyenne of consumer debt, received a frank email from a lawyer that shows the anti-consumer bias of binding arbitration. The lawyer was attempting to arbitrate a dispute with MBNA, a difficult task complicated by the bank’s refusal to participate.

Why You Should Support The Arbitration Fairness Act

Why You Should Support The Arbitration Fairness Act

A glimmer of hope has opened up for consumers concerned about entire industries systemic and wholesale stripping of their right to resolve disputes by trial rather than by arbitration firms whose fancypants are bought and paid for by the corporations they’re umpiring. This ray is The Arbitration Fairness Act, and as introduced in the Senate by Feingold, Russell D. [WI], the part the bill that applies to you says: [More]