2 ms·
In the US, yes, a terms of service can force binding arbitration.
by ascagnel_ 6y ago
In the US, yes, a terms of service can force binding arbitration.
- dd36 6y agoAnd the CFPB had made a rule outlawing it for financial firms and then the Republican senate killed it with the Congressional Review Act.
- wrkronmiller 6y agoIANAL but I believe that some clever lawyers have used this to the advantage of the victims by essentially creating a DOS attack on the company, flooding it with binding arbitration claims. https://www.nytimes.com/2020/04/06/business/arbitration-overload.html https://www.nytimes.com/2020/04/06/business/arbitration-over...