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THE MONEY PLACE, LLC v. BARNES

No. 01-1361.

78 S.W.3d 714 (2002)

349 Ark. 411

THE MONEY PLACE, LLC, v. Dorothy BARNES, Individually and o/b/o a Class of Similarly Situated Persons.

Supreme Court of Arkansas.

June 20, 2002.

Attorney(s) appearing for the Case

Mixon, Parker & Hurst, PLC, by: Donald L. Parker, II, and Harry S. Hurst, Jr., Jonesboro, for appellant.

Morgan & Turner, by: Todd Turner, Arkadelphia; and Orr, Scholtens, Willhite & Averitt, PLC, Jonesboro, for appellee.

JIM HANNAH, Justice.

Appellant The Money Place, LLC, appeals a Craighead County Circuit Court order denying The Money Place's Motion to Compel Arbitration and Stay Litigation. Dorothy Barnes filed a class-action lawsuit against The Money Place alleging usury in its payday-loan/deferred-check presentment business. The Money Place argues that its Deferred Presentment Agreement signed by Barnes requires that all claims by Barnes be arbitrated pursuant to the Federal...

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