Arbitration Resources National Consumer Law Center: Forced Arbitration - Consumers Need Permanent Relief, April 2010. Deals valued in the tens of millions of dollars barely make ripples on Wall Street. However, one recent transaction, while relatively small by Wall Street standards, laid bare the miscarriages of justice that result from mandatory arbitration requirements buried in millions of consumer contracts. Learn more.
AAJ: Searle Institute Report Shows Mandatory Arbitration Favors Corporations Over Consumers. A Searle Civil Justice Institute report on mandatory binding arbitration clearly indicates the process is stacked against consumers and overwhelmingly favors the corporations that utilize its services. While the authors try to paint a rosy picture of the mandatory arbitration process, the data actually illustrates otherwise. Learn More.
US Senate Judiciary Committee, Subcommittee on Commercial and Administrative Law, 6/10/2008 Hearing on H.R. 6126, the “Fairness in Nursing Home Arbitration Act of 2008” Read the testimony given by:
Gavin J. Gadberry, Esq. On behalf of AHCA & NCAL
Underwood, Wilson, Berry, Stein and Johnson, PC
Ken Conner, Esq.
Wilkes & McHugh, P.A.
DEFINITION: Arbitration is an alternative method of resolving disputes in which two parties present their individual sides of a complaint to an arbitrator or panel of arbitrators. The arbitrator, who is supposed to be neutral, then weighs the facts and arguments of both parties and decides the dispute. Mandatory arbitration, which requires a consumer to go through the arbitration process instead of taking his or her case to court, is becoming more and more prevalent in all types of business dealings, including car and home purchases, healthcare contracts and credit card transactions.