Is the ‘Clarified’ AAA Clause Registration Rule Clear Enough?
Summary by Consumer Finance Monitor
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Is the ‘Clarified’ AAA Clause Registration Rule Clear Enough?
Effective May 1, 2025, the American Arbitration Association (“AAA”) amended its Consumer Arbitration Rules, including Rule 12 dealing with the registration of consumer arbitration clauses. The AAA stated that its goal was to “clarify” the rules in order to maintain “fairness” and “transparency.” Nevertheless, the recent Eleventh Circuit in its opinion Merritt Island Woodwerx, LLC v.... Continue Reading
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