[DOWNLOAD] "Cordova v. World Finance Corporation of New Mexico" by Court of Criminal Appeals of Oklahoma " Book PDF Kindle ePub Free
eBook details
- Title: Cordova v. World Finance Corporation of New Mexico
- Author : Court of Criminal Appeals of Oklahoma
- Release Date : January 29, 2009
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 84 KB
Description
{1} This case requires us to review the validity of a small loan companys form arbitration provision that would limit a borrower to mandatory arbitration as a forum to settle all disputes whatsoever, while reserving for the lender the exclusive option of access to the courts for all remedies the lender is most likely to pursue against a borrower. We hold that such an inherently one-sided agreement is against New Mexico public policy and is therefore void as unconscionable. Although we differ somewhat in our legal analysis, we affirm the decision of the Court of Appeals and hold that the district court was correct in denying the loan companys motion to compel arbitration of the borrowers judicial claims.