Tuesday, July 15, 2008

Arbitration Bills Take First Step

Today the House Judiciary Subcommittee on Commercial and Administrative Law passed out three anti-mandatory arbitration bills.
The subcommittee approved the Arbitration Fairness Act, which would pretty much ban mandatory arbitration agreements, and two related bills that would ban the practice in nursing home and autmobile contracts.
The bills will now go forward to the full judiciary committee.
The move was welcomed by one of mandatory arbitration's biggest critics, consumer advocacy group Public Citizen.
"The three bills passed by the subcommittee will level the playing field between consumers and big business by ensuring that all arbitrations are truly voluntary, said David Arkush, the director of Public Citizen's Congress Watch section.
The Senate Judiciary Committee is scheduled to vote on its version of the nursing home bill at its business meeting Thursday.

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