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NEWS ABOUT: arbitration

Arbitration Firms Quit Consumer Debt Biz

Credit card, cell phone companies scramble to collect by themselves

(Newser) - Credit card and cell phone companies are scrambling as two major arbitration firms back out of the business of settling consumer disputes, the Wall Street Journal reports. The National Arbitration Forum—accused in a Minnesota lawsuit of misleading consumers into thinking it was impartial—will stop taking cases this week,... More »

Producers Press Case Against Piven

(Newser) - The producers of Speed-the-Plow haven't given up their legal pursuit of Jeremy Piven,Variety reports. They plan to seek independent arbitration, which could result in serious fines for the actor. A panel of actors and producers failed to reach consensus on a possible penalty last week, leading to the producers'... More »

Nursing Homes Pressure Patients to Forgo Lawsuits

Elderly required to sign away their right to sue

(Newser) - Nursing homes are pushing patients to give up the right to sue, writing binding arbitration clauses into standard contracts for admission, the Wall Street Journal reports. The homes say the practice lets them concentrate resources on care instead of costly litigation, which soared in the '90s, but critics charge that... More »

Insurer Owes Patient $9M for Ending Policy

Calif. firm canceled her plan in the middle of chemo treatments

(Newser) - A California health insurance company owes a breast cancer patient $9 million in damages after it canceled her policy in the middle of chemotherapy treatments for breast cancer, the LA Times reports. The arbitration judge called Health Net’s actions “despicable." The hefty ruling, the largest of its... More »

Phillies' Howard Wins $10M in Arbitration

First baseman gets record amount after rejecting smaller deal

(Newser) - Philadelphia Phillies’ Ryan Howard won big in his salary arbitration case today, getting $10 million instead of the $7 million his team had offered, the AP reports. The figure is the highest salary a player has scooped in an arbitration victory. “We negotiated right up to the courthouse steps,... More »

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