4 ms·
Arbitration is great for companies for multiple reasons: - it avoids costly class actions in "big" cases - it avoids costly discovery in "big" cases - it avoid
by tgsovlerkhgsel 2y ago
Arbitration is great for companies for multiple reasons:
- it avoids costly class actions in "big" cases
- it avoids costly discovery in "big" cases
- it avoids sky-high damages claims in extreme cases
- it allows small everyday fuck-ups to be handled more cheaply than a court
However, I'd argue that for this kind of issue, arbitration isn't necessarily worse. Especially in a clear-cut case, you don't need the court to win, you just need the court to trigger an escalation at the company. Arbitration is good enough for that.
- gosub100 2y agoI admit I'm too lazy to Google, but are arbitration services regulated, so that if they flagrantly refused to rule in favor of a plaintiff in a case where (999/1000) lawyers would agree, can the arbitration service be sent to review the same way a doctor or lawyer could be disciplined? I can't imagine how you could legally sign over the right to sue to an agency that fails to apply basic principles of justice.
- eadler 2y agoThe standard is "manifest disregard of the law" - which, roughly speaking, means the arbitrator “understood and correctly stated the law but proceeded to ignore it.” Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Bobker, 636 F. Supp. 444 (S.D.N.Y. 1986) There is no regulation of arbitration services.
- gosub100 2y agothank you!