Legal Opinion

National Financial Services, LLC v. Mahan

District Court of Appeal of Florida

Decided October 14, 2009No. Nos. 3D08-2862, 3D08-2861PublishedCited by 4 opinions

1Opinion of the CourtCortinas, J.

Bank of America Corporation (BAC), Bank of America, N/A (BOA), Banc of America Investment Services (BAIS) (collectively, BOA appellants), and National Financial Services, LLC (NFS) * seek review of the trial court’s order denying their motions to compel arbitration. We reverse.

In January 2000, James Mahan opened a BAIS money market account (“account”) and an associated BOA checking account. To do so, he completed a four-page application, including an optional margin borrowing section, which twice stated that the customer agreement would require all disputes be settled by binding arbitration.…

2Cases cited5 opinions

  1. Powertel, Inc. v. BexleyDistrict Court of Appeal of Florida · 1999
  2. Romano Ex Rel. Romano v. Manor Care, Inc.District Court of Appeal of Florida · 2003
  3. Murphy v. Courtesy Ford, LLCDistrict Court of Appeal of Florida · 2006
  4. Prieto v. Healthcare and Retirement Corp.District Court of Appeal of Florida · 2005
  5. Briceno v. Sprint Spectrum, LPDistrict Court of Appeal of Florida · 2005

3Cited by4 opinions

  1. Pendergast v. Sprint Nextel Corp.Court of Appeals for the Eleventh Circuit · 2010
  2. Roberto Basulto v. Hialeah Automotive, etc.Supreme Court of Florida · 2014
  3. Roberto Basulto v. Hialeah Automotive, etc.Supreme Court of Florida · 2014
  4. SHEDDF2-FL3, LLC, etc. v. PENTHOUSE SOUTH, LLC, etc.District Court of Appeal of Florida · 2020

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