NY A03461

Allows multiple parties seeking arbitration against the same party to bring proceedings in any court and county where any of the parties resides, does business, or where arbitration was held or is pending

Establishes that in employment or consumer arbitration (excluding collective bargaining agreements), if the drafting party fails to pay required fees within 30 days of the due date, they are in material breach, default, and waive their right to compel arbitration

Permits employees or consumers to withdraw claims from arbitration and proceed in court, or compel arbitration with the drafting party paying reasonable attorneys' fees, when the drafting party defaults on fee payments

Requires arbitration providers to immediately invoice all parties for required fees and costs, with invoices due upon receipt unless the agreement specifies otherwise

Mandates courts to impose monetary sanctions on drafting parties that materially breach arbitration agreements, including reasonable expenses and attorneys' fees, with additional potential sanctions including evidence sanctions, terminating sanctions, or contempt of court