Last week the Alabama Supreme Court, in Raymond James Fin. Servs., Inc. v. Honea, 2010 WL 2471019 (Ala. June 18, 2010), held that section 10 of the Federal Arbitration Act, which prescribes the exclusive grounds for vacating arbitration awards under federal law, does not preempt vacatur grounds under state law. In that case, a securities brokerage firm’s customer agreement contained [...]
Entries Tagged as 'Arbitration'
Posts by Jill Gross
Alabama Supreme Court Holds FAA Vacatur Provisions Do Not Preempt State Vacatur Grounds
June 26th, 2010 · 1 Comment
Tags: Arbitration · Uncategorized
Posts by Jill Gross
The Decline in Credit Card Arbitration
June 21st, 2010 · 3 Comments
Today I received my monthly bill from one of my credit card companies with enclosed notices, including a notice of amendments to the credit card agreement. The first revision states:
Arbitration will no longer be used to resolve new disputes arising under your Agreement, or any claim or dispute related to benefits or services provided in [...]
Tags: Arbitration
Posts by Jill Gross
FINRA proposes changes to arbitrator list selection procedures
May 30th, 2010 · 4 Comments
The SEC has published for public comment a proposed FINRA rule change to the process for selecting arbitrators in FINRA Dispute Resolution arbitrations. The new rule would increase the number of arbitrators on the lists generated by FINRA’s neutral list selection system that are sent to the parties as potential arbitrators for a particular case. Currently, in a [...]
Tags: Arbitration
Posts by Art Hinshaw
Sternlight on Stolt-Nielsen v. AnimalFeeds
April 29th, 2010 · 1 Comment
Jean Sternlight often sends us post worthy info. Here’s her response to Kirgis’ take on Stolt-Nielsen v. AnimalFeeds.
As Paul Kirgis says, Stolt-Nielsen is a fascinating case.
Likely it will mean the end, almost immediately, of classwide arbitrations in all contexts. Then the big question on that front is whether courts or arbitrators will find some [...]
Tags: Arbitration
Posts by Sarah Cole
Stolt-Nielsen v. Animalfeeds — Major Victory for Business
April 27th, 2010 · 3 Comments
I woke up today planning to blog about the oral argument in the Rent-a-Center, West, Inc. v. Jackson case that was argued yesterday in the Supreme Court — I will get to that, but wanted to write first about a major arbitration decision the Supreme Court handed down today: Stolt-Nielsen v. Animalfeeds (http://www.supremecourt.gov/opinions/09pdf/08-1198.pdf). [...]
Tags: Arbitration




