Forced Arbitration
The Arbitration Fairness Act of 2013 has been introduced: S. 878 and H.R. 1844. The bill would invalidate forced pre-dispute binding arbitration that prevents access to the courthouse by consumers, employees and others. The Fair Contracts Project at Citizen Works signed on to this letter from consumer groups. Senate Sponsor Al Franken’s (Minnesota) summary of what…
Read MoreFair Contracts’ 2012 Contract Reform Team submitted comments to the Consumer Financial Protect Bureau in response to their request for information regarding the study on "pre-dispute arbitration agreements," which we call "forced arbitration." Special thanks to Patrick Gleeson of Loyola University Chicago School of Law for all his work on this project. Citizen Works also…
Read MoreDePaul University College of Law Student Sarah Moravia Submits Contract Reform Team Comments on Student Loan Provisions to the Consumer Financial Protection Bureau
Read MoreJohn Wasik, award-winning author of 13 books and personal finance columnist for Reuters, has issued this report with Demos, titled How Safe Are Your Savings? How Complex Derivatives Products Imperil Seniors’ Retirement Savings. Fair Contracts Intern Dylan Hanson and Citizen Works contributed to the background research. Wasik writes: Few investors fully understand what they’ve been…
Read MoreIn this piece, finance writer John Wasik, explains how "wronged investors may still be stuck in a troubled system run by the brokerage industry" but how one investor — Hollywood’s Larry “JR Ewing” Hagman — fought back, and won. As Wasik explains: "When you sign any standard brokerage agreement, you are locked into their mandatory…
Read MoreAn excerpt from the Round Table Discussion on Standard Form Contracts (The Fine Print in Contracts of Adhesion), June 4th, 2010 at the Carnegie Center in Washington, DC. Paul Bland is a Senior Attorney at Public Justice. www.publicjustice.net Bland Unconscionability.mp3
Read MoreAn excerpt from the Round Table Discussion on Standard Form Contracts (The Fine Print in Contracts of Adhesion), June 4th, 2010 at the Carnegie Center in Washington, DC. David Arkush is the Director of Congress Watch. www.citizen.org/congress Arkush Regime of Protection.mp3
Read MoreAn excerpt from the Round Table Discussion on Standard Form Contracts (The Fine Print in Contracts of Adhesion), June 4th, 2010 at the Carnegie Center in Washington, DC. David Arkush is the Director of Congress Watch. www.citizen.org/congress Arkush Cant Get Contracts.mp3
Read MoreAn excerpt from the Round Table Discussion on Standard Form Contracts (The Fine Print in Contracts of Adhesion), June 4th, 2010 at the Carnegie Center in Washington, DC. David Arkush is the Director of Congress Watch. www.citizen.org/congress Arkush 94 Percent Lose.mp3
Read MoreRead the coalition letter to The Honorable John Conyers Jr., Chairman, and The Honorable Lamar Smith, Ranking Member, of the U.S. House of Represenatives Committee on the Judiciary, dated July 26, 2010, in support of the Aribtration Fairness Act of 2009, H.R. 1020.
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