EMPLOYER WILL BE PENALIZED IF IT DOES NOT PAY FOR ARBITRATION COSTS

SB 707 provides consumers or employees remedies if the drafting party (the business or employer) breaches an arbitration agreement.  The bill states that if the employer doesn’t pay the costs associated with beginning or continuing arbitration within 30 days after they are due, then the employer is in material breach of the agreement, in default of arbitration and waives its right to compel arbitration.