On February 18, the Florida Supreme Court ruled that a warrantor of a consumer product is not required to disclose a binding arbitration agreement as part of the warranty-related items that must be disclosed “in a single document.” In reaching its decision that the Federal Trade Commission’s “single document rule” does not require the disclosure of binding arbitration, the court resolved a conflict that had existed under Florida law since 2008 and departed from Eleventh Circuit authority.
Read moreWinnipeg firefighters seek binding arbitration
The union representing Winnipeg firefighters wants its next collective agreement to be set through binding arbitration, which some fear may not spark the best deal for the city and its taxpayers.
Alex Forrest, president of the United Fire Fighters of Winnipeg, confirmed the request was made to the Manitoba government. He declined further comment Monday, noting labour talks are already underway.
Read moreIf You Want A Right To Appeal An Arbitration Award, Build It Into Your Arbitration Agreement
Many people opt for binding arbitration because it is supposedly faster and cheaper, and binding – thus final. Some people have to arbitrate their matters that they cannot settle amongst themselves, because there are issues that they cannot try before a court given the court’s mandatory obligation to report certain matters to the proper authorities (e.g. taxing authorities). While many people seek the finality of a binding result, many others are concerned that because an arbitrator is human, she/he could make a mistake.
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