The Federal Arbitration Act (FAA) applies to interstate commerce contracts, while Florida's Arbitration Code outlines the rules for agreements not subject to the FAA. Both sets of laws generally support the enforceability of arbitration agreements.
As a general rule, only strong evidence of duress or fraud are sufficient to invalidate an arbitration clause.
Yes. The Federal Arbitration Act, or FAA, was passed in 1925 in response to a variety of court decisions that held arbitration agreements unenforceable. This law provides that arbitration agreements are generally valid and enforceable.
Under the new amended rule, an arbitration decision will be deemed rejected only if “a notice of rejection of the arbitration decision and request for trial” is filed within 20 days of service of the arbitrator's written decision.
Arbitration is a dispute resolution process whereby a neutral third person or panel, called an arbitrator or arbitration panel, considers the facts and arguments presented by the parties and renders a decision, which may be binding or nonbinding. Fla. Stat. Section 44.1011.
In some instances, you may be able to sue if you signed a valid arbitration agreement. While courts generally favor arbitration agreements, they will allow you to file a lawsuit if either you didn't understand your rights or your claims fall outside the arbitration provision's scope.
If you are in a contract containing an arbitration clause naming the AAA Rules, you may still be able to bring your dispute in small claims court instead of arbitration, as long as the claim falls within the jurisdiction requirements of the small claims court.
In some instances, you may be able to sue if you signed a valid arbitration agreement. While courts generally favor arbitration agreements, they will allow you to file a lawsuit if either you didn't understand your rights or your claims fall outside the arbitration provision's scope.