New York S03879 amends arbitration law to specify fees and expenses for employment or consumer arbitrations and imposes sanctions on parties.
New York S03879 amends the civil practice law and rules to specify fees and expenses for employment or consumer arbitrations. It mandates that arbitration providers issue invoices for fees and costs required before arbitration can proceed. If fees or costs to continue the arbitration are not paid within thirty days, the drafting party is in material breach of the arbitration agreement. The bill also directs certain sanctions on a party that breaches an arbitration agreement, including monetary sanctions, issue sanctions, evidence sanctions, or terminating sanctions.
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