In Pounds, et al. v. Portfolio Recovery Associates, LLC, the North Carolina Court of Appeals recently issued an opinion that may have a significant impact on collections law and
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Arbitration
A Divided Court Addresses Enforceability of “Ambiguous” Arbitration Agreement
Introduction
Arbitration can be less costly and more efficient than litigation. For this reason, businesses often prefer to arbitrate their disputes, and include arbitration provisions in their contracts. North Carolina…
Continue Reading A Divided Court Addresses Enforceability of “Ambiguous” Arbitration Agreement
Court of Appeals Reminds Parties to Act Fast If They Plan to Compel Arbitration
Arbitration has long been touted as a magic bullet that reduces the cost and time required to resolve business disputes and that alleviates the inherent unpredictability of litigation. (Whether arbitration…
Continue Reading Court of Appeals Reminds Parties to Act Fast If They Plan to Compel Arbitration
Court of Appeals Sidesteps Supreme Court of North Carolina, Holds that Arbitration Agreement is Not Unconscionable
Scratch unconscionability off the list of likely arguments to make to avoid arbitration. In a pair of opinions issued this week, the North Carolina Court of Appeals made it much…