Thursday, July 1, 2010

Mandatory arbitration takes center stage at Kagen hearings

Sen. Al Franken: "I want to discuss something that is denying more and more working Americans that precious day in court, that fair shake, and that's mandatory arbitration. Now, arbitration has its place. I'm talking about mandatory arbitration. Chances are if you have a cell phone or credit card or if you work, you're likely to have signed a contract with a mandatory arbitration clause. These clauses basically say if we violate your rights, you can't take us to court. You have to take it to an arbitrator. But then the fine print essentially says an arbitrator that we pay who depends on us for work and who makes decisions in secret. So a lot of people are denying their opportunity to come before the court." Read more here.

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