It’s a war over a simple clause, tucked in contracts for cellphones, bank accounts and numerous other consumer agreements that almost nobody reads.
It’s a binding arbitration clause that shackles consumers by prohibiting them from going to court or joining a class action if they have a beef with a corporation. In some cases, the clause dictates consumers pay attorney fees if they lose in arbitration.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
