Imagine the dark, depressing dystopia that would envelope our State if this proposed bill regulating arbitration provisions in consumer contracts were by some miracle to pass:
Good god Frank Petosa, or should I say Fallon from that crappy Emilio Estevez film Judgment Night, you are truly dedicated to the destruction of our way of life -- in fact, all we hold dear.
Among some of the provisions of the bill, sponsored by Sen. Ted Deutch, a Boca Raton Democrat whose district includes a portion of Broward County, are:
• Any arbitration notice must state the parties are entitled to representation.
• Corporations would have to disclose arbitration expenses, including filing fees, and the cost for arbitrators and hearing rooms.
• Any arbitration organization that administers 10 or more consumer arbitrations a year would have to disclose: the number of times a corporation has been party to an arbitration by the firm; whether the consumer was represented by a lawyer; how the case was resolved; the amount claimed and the amount awarded, and the name of the arbitrator and his fee.
• Arbitration awards can be tossed if the ``award is not supported by substantial evidence.''
''The idea is to ensure the system isn't so heavily weighted against the consumer,'' said Deutch, a lawyer. A similar bill by Jacksonville Republican Charles McBurney, a lawyer, was filed in the House on Thursday.
The legislation doesn't sit well with some businesses and arbitration firms.
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