American Arbitration Association revises construction rules

American Arbitration Association revises construction rules

by Carol Thompson The American Arbitration Association has revised the rules governing the construction industry, effective July 1, expanding the powers of the arbitrator and may alter traditional assumptions underlying the selection of arbitration as a dispute...
Is the CFPB too powerful?

Is the CFPB too powerful?

Will Congress cut the agency’s budget? by Carol Thompson The Consumer Financial Protection Bureau (CFPB) has been making great strides in protecting the consumer from unscrupulous creditors, mortgage lenders, and non-bank service providers and recently issued a...
CFPB take action against military allotment processor

CFPB take action against military allotment processor

by Carol Thompson Washington’s relatively new agency, the Consumer Financial Protection Bureau, has been aggressively cracking down on those who have been taking advantage of consumers (see related story). The most recent action taken by the agency is...

Nicole Mitchell: Arbitration without a hearing

by Carol Thompson Image having to arbitrate a dispute and never having an arbitration hearing.  That’s exactly what Nicole Mitchell, a former Weather Channel meteorologist said happened to her. Mitchell was serving as a reservist in the U.S. Air Force and a...

CFPB moving in the right direction

by the editorial staff The Consumer Financial Protection Bureau took a giant step forward this week when their long-awaited study on mandatory arbitration was released. It’s a giant step forward because, while truthful and compelling, it’s sure to rock the...