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Your can't waive your right to seek remedy in the event of a breach of contract, but US courts have ruled that clauses requiring mandatory arbitration from a pr
by bskap 9y ago
Your can't waive your right to seek remedy in the event of a breach of contract, but US courts have ruled that clauses requiring mandatory arbitration from a private arbitrator instead of going through the public court system are legal.
Theoretically, it's just as fair to be heard by a neutral third party, but the biggest difference is that if you agree to arbitration, there's no equivalent of a class-action complaint meaning each impacted individual would have to file an arbitration claim separately.
- cjalmeida 9y agoIn Brazil, mandatory arbitration is valid only on non consumer contracts.