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: Florida Arbitration LawJP Morgan Chase and Bank of America Drop Arbitration Clause from Credit Card Agreements
By Christopher B. Hopkins, Esq.
Perhaps the news comes in anticipation of some anticipated, forthcoming anti-arbitration federal legislation. Or, more likely, it stems from National Arbitration Forum's closure of its consumer arbitration program.
Two major credit card companies, JP Morgan Chase and (three months ago) Bank of America, have dropped arbitration provisions from their credit card agreements.
We turn -- for the first time we can think of -- to USA Today for the legal scoop.
Full post as published by Florida Arbitration Law on November 24, 2009 (boomark / email).
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