Arbitration Clauses Must be Complete

Arbitration is essentially hiring a private judge to make a decision in a dispute.  If the arbitration is binding, there are few grounds to appeal that award. Arbitration is a creation of contract.  Generally, all parties must agree to enter arbitration to resolve...

Mediation vs. Arbitration

Many people confuse arbitration with mediation.  They are not the same thing and they are not interchangeable.  On this blog, I rarely delve into the world of politics and international relations.  However, I will given a comment made by President Trump on his trip to...

Arbitration Can Save Time and Money

Arbitration is where a private judge (or a panel of private judges) called an arbitrator makes a usually binding decision for the parties.  Micronomics performed a study comparing AAA Arbitration to Litigation in federal court and here is what they found: Arbitrations...

Winning for Losing in Debt Collection

Midland Funding LLC v. Bordeaux was decided by the Appellate Division in a published decision today.  The underlying case involves a credit card debt collections matter.  The plaintiff bought the credit card debt and tried to enforce an arbitration agreement allegedly...