New York S02151 prohibits mandatory arbitration agreements in consumer and employment contracts.

New York S02151 prohibits the use of mandatory arbitration agreements in consumer and employment contracts. These agreements, which require disputes to be resolved through arbitration rather than court proceedings, are deemed invalid and unenforceable. The bill also repeals existing provisions that prohibit such clauses in certain consumer contracts. Exceptions include agreements negotiated with labor unions through collective bargaining and certain workers protected under federal law.

New York S02151 prohibits mandatory arbitration agreements in consumer and employment contracts.

New York S02151 prohibits the use of mandatory arbitration agreements in consumer and employment contracts. These agreements, which require disputes to be resolved through arbitration rather than court proceedings, are deemed invalid and unenforceable. The bill also repeals existing provisions that prohibit such clauses in certain consumer contracts. Exceptions include agreements negotiated with labor unions through collective bargaining and certain workers protected under federal law.