OUR NEUTRALS
Honorable Coralie Kupfer (Ret.) South Coast AQMD Hearing Board Santa Clara, JD 1973; USC, BA 1970 FULL BIO
 —Robert McCrea, Chesapeake, Virginia Robert McCrea had a dispute with a well-known business. To resolve the issue he utilized the FORUM arbitration process, and won! McCrea explains that with arbitration a consumer... FULL STORY
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TODAY IN ADR
/ July 4, 2009
The New Mexico Supreme Court held that an arbitration agreement incident to a consumer loan contract is not valid and enforceable if it contains a non-mutual provision preserving the drafting party’s right to litigate upon a consumer’s default.
In Cordova v. World Finance Corp. of New Mexico, No. 30,536, 2009 WL 1456347 (N.M. Apr. 29, 2009), Cordova entered into multiple small loan contracts with World Finance. Concurrent with the execution of each contract, Cordova signed a separate arbitration agreement. This agreement required arbitration of a wide range of disputes related to the loans, but preserved World Finance’s ability to litigate any loan dispute if Cordova defaulted on the loan...
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