arbitration
The Better Business Bureau's slogan is "Start with Trust" -- but not so fast. It seems the go-to source for consumers looking for unbiased reviews has some inherent conflicts of interest: It has been taking money to give businesses higher ratings.
How Signing 'Standard' Agreements Can Bankrupt Your Small Business
10:00AM 3/10/2011
Those "standard" agreements big businesses like to impose on small clients are one-sided deals intended to protect their interests while reducing or eliminating your legal rights altogether. Before you sign on the dotted line, consider this cautionary example.
Report Criticizes Rush to Close GM, Chrysler Dealerships
8:20AM 7/19/2010
The Obama administration's auto industry task force failed to fully consider how many jobs would be lost at car dealerships when it rushed General Motors and Chrysler into bankruptcy last year, according to an auditor's report. Administration officials say they acted prudently.
GM, Chrysler Dealers Soon to Hear Closure Appeal Verdicts
2:21PM 7/14/2010
General Motors and Chrysler dealers slated for closure will soon learn whether their appeals to stay in business have been successful. Arbitration hearings are set to wind up Wednesday, and decisions are due by the end of next week.
DailyFinance's legal correspondent Abigail Field has avoided weighing in on the Debrahlee Lorenzana case -- until now. But its time to look at the facts: Whether the Citigroup banker was "too sexy" isn't the point. The question is, did Citigroup create a hostile, discriminatory workplace?
Chase becomes first bank to drop arbitration clause
4:15PM 11/23/2009
JP Morgan Chase became the first bank to drop its arbitration clause from its credit card contracts, so Chase credit card holders will have the right to go to court to dispute a problem with its credit card decisions.
This decision was part of a settlement of an antitrust lawsuit filed by...
Arbitration: No longer an easy out for credit card companies?
12:30PM 7/22/2009
You may not even realize it, but up until this week, if you had a dispute with your credit card company or your cell phone company, you likely could not sue them. You had to settle the dispute through arbitration. That's in the fine print of most credit card and cell phone company contracts. You'll...
Have you heard about "binding arbitration" clauses in contracts? They're the part of the contract which states that if you have a dispute with the other party, you can't take them to court. You agree, instead, to go before an arbitration panel with your dispute. (Note that many claim the...
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