Mississippi Supreme Court Majority Affirms Arbitration Denial In Foreclosure Case

(October 18, 2023, 2:19 PM EDT) -- JACKSON, Miss. — The Mississippi Supreme Court affirmed a lower court’s denial of a lender’s motion for arbitration in a 6-2 majority opinion, ruling that the bank waived its right to compel arbitration by substantially participating in a borrower’s lawsuit and that the borrower’s amended complaint seeking to nullify the bank’s foreclosure did not reinstate the bank’s right to compel arbitration....