Arbitration

From Disney to Uber: How Hidden Arbitration Clauses in Terms of Use Dictate Consumer Rights

by

In the corporate world, arbitration clauses have become a regular fixture in service agreements, a move that often shifts legal resolution from public courts to private arbitration. The widespread incorporation of such clauses into terms of use agreements by large companies such as Disney and Uber reflects a strategic push to limit public litigation, potentially impacting consumer rights. Arbitration clauses dictate that any dispute must be resolved by a neutral third party rather than through a lawsuit, which can prevent cases from becoming public, attracting media attention, or turning into costly class action suits. While … Read more

Self-Represented Broker Loses $122,000 in Arbitration Claim Battle

by

A broker who decided to represent himself in a legal battle over securities arbitration has lost his claim for $122,000. The case, which was reviewed and decided by a Financial Industry Regulatory Authority (FINRA) arbitration panel, adds to a series of outcomes where non-professional representation yields less favorable results. The claimant, Philip Richardson, a licensed broker himself, lodged a complaint alleging that his former employer, a brokerage firm named XYZ Capital (a fictionalized name used herein), mishandled his investment portfolio which led to significant losses. Richardson sought to recover $122,000 in damages. According to details … Read more

Experts Dive into the Future of Arbitration: Key Insights from Michael Holecek, DJ Manthripragada, and Madeleine McKenna on Mass Arbitration Trends and Legal Strategies

by

Los Angeles, CA — In a recent webcast, legal experts from the prestigious law firm Gibson, Dunn & Crutcher delved into contemporary shifts and challenges in arbitration agreements, particularly focusing on mass arbitration. The event, led by Michael Holecek, DJ Manthripragada, and Madeleine McKenna, explored the intricacies of recent court cases, adjustments in arbitration provider rules, and strategic drafting of arbitration provisions aimed at today’s complex legal landscape. Michael Holecek, a litigation partner based in Los Angeles, brought his extensive experience in complex commercial litigation to the forefront. With a rich history of handling class … Read more

Lyft Pushes for Arbitration Amid Legal Battle, Plaintiff Challenges Discrepancy in Agreement Terms

by

San Francisco, CA — Lyft Inc. is currently seeking to enforce arbitration in response to a lawsuit that challenges the very nature of its arbitration agreement. The plaintiff in the case has countered, arguing that the particulars of the incident at issue do not align with the terms outlined in the company’s standard arbitration clause. The dispute centers around an allegation by the plaintiff, whose identity remains undisclosed due to the sensitive nature of the claim, suggesting a severe disconnect between the events described and the provisions stipulated for dispute resolution by Lyft. Legal experts … Read more