Disney does not want to face the chance that part of their entire arbitrator conspiracy will be struck down by the courts.
Honestly for the most part the Arbitrator process is a scam that should be highly illegal. The Arbitrators work for the companies that hire them and they are not going to bite the hand that feeds them. The customers face huge injustice at the hands of those frauds who eat lunch with reps from the company that hired them.
Banks are now getting in on it. Proclaiming that any dispute with them cannot go to court, but must go to their personally owned arbitrator. Can you imagine the bank telling you that thousands of dollars in your savings account is just gone and that you the customer is responsible. Their Arbitrator will agree and you won’t be able to take them to court over it. It is all total fraud.
If you want to opt out then you have to send them a letter(No Email), and you get no confirmation if they received that letter or not. Of course they will say they did not if you ever had to sue them. You can’t just go in the bank and say “I opt out”.
Once again a total scam!
And it is my understanding that congress is somehow responsible for passing legislation years back that supports this travesty. I highly question that the forced process is constitutional.
“Can you imagine the bank telling you that thousands of dollars in your savings account is just gone”
That’s actually a no-brainer for them. That money in a savings or interest bearing checking account is NOT YOURS. You are an “unsecured lender” and as such are at the VERY far back end of the line if that bank craters, notwithstanding the FDIC spreading around the 8-10 billion dollars they have insuring the several trillion dollars in savings and checking accounts.