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: Caveat EmptorBank of America Drops Mandatory Arbitration Clause
By Sam Glover
Bank of America just announced that it will no longer require consumers to arbitrate disputes concerning credit cards and other consumer accounts. Great news! The collapse of pre-dispute, mandatory binding arbitration continues. Hopefully other credit grantors will follow suit.
Bank of America ends arbitration of card disputes | Reuters
Full post as published by Caveat Emptor on August 13, 2009 (boomark / email).
Bank of America Abandons Mandatory Arbitration
CNBC is reporting that Bank of America will no longer require that consumer disputes involving credit cards, among other matters, be resolved by arbitration.
Would you like fries with your mandatory binding arbitration clause
Stephanie Mencimer at Mother Jones reports on an amazing new low in mandatory binding arbitration: Mandatory arbitration agreements forcing people to give up their rights to sue are now standard fare in everything from cell phone contracts to Hooters? employment...
ARBITRATION: Separation doctrine on fraud and enforceability of mandatory arbitration clause in contract not unconstitution and not violative of jural rights (which does not apply): DUTSCHKE V. JIM RUSSELL REALTORS, INC. (COA 8/1/2008)
DUTSCHKE V. JIM RUSSELL REALTORS, INC. ARBITRATION: Separation doctrine on fraud and enforceability of mandatory arbitration clause in contract; arbitration clause does not violate jural rights doctrine which does not apply to arbitration clauses; and clause does not violate right to jury trial 2007-CA-001146 PUBLISHED: AFFIRMING PANEL: HENRY PRESIDING; KELLER CONCURS; COMBS CONCURS IN RESULT FILING SEP...
Bank of America Says No Mas To Arbitration
Bank of America Corp. today said it is dropping a rule that forces customers into arbitration if they have a dispute about their credit-card or certain other consumer-related accounts.
Recently Published Scholarship: Arbitration
University of Michigan Journal of Law Reform Volume 41, Issue 4, Summer 2008 Symposium: Empirical Studies of Mandatory Arbitration Omri Ben-Shahar, Introduction, How Bad Are Mandatory Arbitration Terms?, p...
The Beginning of the End of Mandatory Arbitration
Deep in the White House's recent proposal on the overhaul of the financial regulatory system are some critiques of the mandatory-arbitration system. We look at some pros and cons of scrapping mandatory arbitration, at least in regard to financial-services.
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