I am considering the use of arbitration and thought per @fistbigcheese post that I could use that option.
I have a case with a promissory note with Prosper/Webank. There is an arbitration clause but it does not state AAA or JAMS in it.
What determines which arbitration I would have to use?
I just spoke with a lawyer from another state and looking at MN statutes, they think that the case will fall under the state court's arbitration procedure (statute 484.73 and 484.74 section 4 "Judicial Arbitration" and "ADR" respectively. These cite costs of $125/hour.
Am I subject to the state rules or can I use the AAA/JAMS? Also, do I need to remand to federal court in order to use them?
Thank you.