Categories
installment loans with monthly payments

APEX 1 PROCESSING, INC., Appellant-Defendant, v. Akeala EDWARDS, with respect to Herself and Others likewise Situated, Appellee-Plaintiff.

APEX 1 PROCESSING, INC., Appellant-Defendant, v. Akeala EDWARDS, with respect to Herself and Others likewise Situated, Appellee-Plaintiff.

Court of Appeals of Indiana.

*664 Douglas B. King, Matthew M. Adolay, wood & McLaughlin LLP, Indianapolis, IN, Attorneys for Appellant.

Susan Verbonitz, Weir & Partners LLP, Philadelphia, PA, Attorney pro hac vice.

Irwin B. Levin, Richard E. Shevitz, Vess A. Miller, Cohen & Malad, LLP, Indianapolis, IN, Attorneys for Appellee.

VIEWPOINT

Apex 1 Processing, a “payday loan” business, includes with its loan agreements an arbitration provision that is compulsory. Akeala Edwards brought a class action [1] alleging Apex, conducting business as payday lender Paycheck Today, involved with unfair trade methods. Apex relocated to compel arbitration of Edwards’ claim, nevertheless the test court denied the motion considering that the arbitrator designated in the contract had been no further permitted to perform arbitrations that are such.