Q-Dub23
Member
- Thread starter
- #1
Hi All,
The Rivian Purchase Agreement requires us to waive our right to go to court (in favor of binding arbitration) and our right to bring a class action. This is pretty standard practice for big corporations. They would much prefer to have an arbitrator (that they pay and from an organization they select) adjudicating disputes than a court. Similarly, they don't want owners being able to share legal costs and combine their suit on the same or similar issue through a class action (betting that if the issue is small enough no one purchaser would sue).
Rivian's terms and conditions let you opt-out of both waivers. I did. O can always agree to arbitrate later but I personally want the choice.
If you've recently signed a purchase agreement, opting out is as simple as sending an email pursuant (see Rivian's T&Cs). Give it some thought as this is a really big purchase.
The Rivian Purchase Agreement requires us to waive our right to go to court (in favor of binding arbitration) and our right to bring a class action. This is pretty standard practice for big corporations. They would much prefer to have an arbitrator (that they pay and from an organization they select) adjudicating disputes than a court. Similarly, they don't want owners being able to share legal costs and combine their suit on the same or similar issue through a class action (betting that if the issue is small enough no one purchaser would sue).
Rivian's terms and conditions let you opt-out of both waivers. I did. O can always agree to arbitrate later but I personally want the choice.
If you've recently signed a purchase agreement, opting out is as simple as sending an email pursuant (see Rivian's T&Cs). Give it some thought as this is a really big purchase.
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