Victory for Consumers Against Cramdown Arbitration Agreements

Mandatory cramdown arbitration (by unconscionable "contracts of adhesion") is a cynical device invented by wicked evil corporations for hoodwinking, cheating and euchring consumers, as Judge James L. Guill and I documented in our 1989 American Bar Association Judges' Journal article, "A Rush to Unfairness -- the Downside to Alternative Dispute Resolution." Three cheers for this victory. http://www.nytimes.com/2016/05/05/business/dealbook/consumer-agency-moves-to-assert-bank-customers-right-to-sue.html?_r=0