New York S00926 mandates private arbitration organizations handling 50 or more consumer arbitrations annually to collect, publish, and make available.
New York S00926 amends the general business law to require private arbitration organizations involved in 50 or more consumer arbitrations per year to collect, publish at least quarterly, and make available to the public in a computer-searchable database specific information about each arbitration. This includes details such as the name of the non-consumer party, the amount of the claim, the award or settlement amount, and the arbitrator's fee.
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- Core Provisions
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- Legal Framework
- Critical Issues
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