Creditors changing arbitration clauses

Creditors changing arbitration clauses

by Carol Thompson Subscribe in iTunes For many credit card holders, new wording has been incorporated into arbitration clauses that provide an opt-out provision without penalty. In the past, those who opted out of arbitration clauses often found they were denied...
American Arbitration Association launches new consumer rules

American Arbitration Association launches new consumer rules

by Carol Thompson Beginning Sept. 1, the American Arbitration Association’s new consumer rules went into effect. The new rules will replace the Consumer-Related Dispute Supplementary Procedures which were previously used in conjunction with the commercial procedures....
Others Allege Fraud in Palms Place Condo Sale

Others Allege Fraud in Palms Place Condo Sale

(Story by Carol Thompson) Two separate lawsuits allege that Palms Place, LLC fraudulently sold condominium units to unsuspecting buyers. The limited liability company, reportedly owned by George Maloof, constructed a tower with a mix of 600-square-foot studio...
Arbitration: How One Man is Appealing the System

Arbitration: How One Man is Appealing the System

(Story by Carol Thompson) It’s a case of “buyer beware,” or in the case of one California resident, it’s a case of “beware of arbitration.” The resident, who asked that his name not be used due to pending litigation, signed a Condominium Unit Purchase Sale...