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"This response is a little on the hostile side and doesn't address the clear problem that there is an economic incentive for arbitration companies to provide re
by DannyBee 11y ago
"This response is a little on the hostile side and doesn't address the clear problem that there is an economic incentive for arbitration companies to provide resolutions favorable to the company providing their source of income."
You certainly realize the justice system has the same problem, right?
Judges are elected in most states, and not by corporations.
You are also quite literally paying their salaries.
Additionally, if you had any source of statistical data showing that arbitration was an unfair process, that would be admissible to get the arbitration thrown out.
"There simply is no check or balance to such an arrangement where one party picks and pays for the judge and process that will be used to settle a distribute"
According to roughly all arbitration rules, the arbitrators can be picked by the people complaining.
- cplease 11y ago> Additionally, if you had any source of statistical data showing that arbitration was an unfair process, that would be admissible to get the arbitration thrown out. False. The Federal Arbitration Act applies in most cases where a party has "agreed" to arbitration, and pre-empts state law. A party can't just show "any" source of statistical data showing arbitration is unfair. If they run to court, in most cases, all the other party has to do to succeed in a motion to compel arbitration is establish that an arbitration agreement exists, applies, and meets the minimum procedural requirements for arbitration under the FAA. The court will not entertain an inquiry into the fairness of arbitration in the large or examine statistical evidence. It will basically rely on the text of the arbitration agreement standing alone.
- DannyBee 11y agoI'm quite aware of what the arbitration act requires/allows. Here's, let's take a look at what you claim won't be admissible: https://www.law.cornell.edu/uscode/text/9/10 https://www.law.cornell.edu/uscode/text/9/10 (a) In any of the following cases the United States court in and for the district wherein the award was made may make an order vacating the award upon the application of any party to the arbitration— ... (2) where there was evident partiality or corruption in the arbitrators, or either of them; .. So, i guess you don't think this means what it says?