Settlements and Fees for Prevailing Parties

From the National Law Journal earlier today (available here): “1st Circuit deems plaintiffs who achieved settlement ‘prevailing parties’ entitled to fees” by Sheri Qualters Parties who achieve litigation goals through settlement, as opposed to a verdict or a formal consent decree, are nonetheless “prevailing parties” eligible for attorney fees, the U.S. Court of Appeals for … Continue reading Settlements and Fees for Prevailing Parties

Question of “Bad Faith” Mediation reaches Nevada Supreme Court

Last week, the Nevada Supreme Court heard arguments in a case alleging that a lender participated in Nevada’s mandatory foreclosure mediation program in bad faith. The 2009 law that established the program allows district court judges to sanction parties if they are found to have acted in bad faith. The homeowners argued that the lender … Continue reading Question of “Bad Faith” Mediation reaches Nevada Supreme Court

More FINRA Dispute Resolution Arbitration-Related Rule Proposals

FINRA continues to revise its Codes of Arbitration Procedure in response to developments in arbitration practice. This week FINRA filed with the SEC two new rule change proposals: (1) to codify current practice that parties have the right to reply to responses to motions within five days of the response; and (2) to eliminate the … Continue reading More FINRA Dispute Resolution Arbitration-Related Rule Proposals

Arbitrator’s “Reputational Interest” In Being Appointed Again Does Not Impact His Neutrality

The Seventh Circuit Court of Appeals recently held that a court cannot consider an arbitrator’s reputational interest in being appointed again in the future when determining whether that arbitrator is “disinterested” within the meaning of the parties’ arbitration agreement. Trustmark Ins. Co. v. Hancock Life Ins. Co. (USA), __ F.3d __, 2011 WL 285156 (7th … Continue reading Arbitrator’s “Reputational Interest” In Being Appointed Again Does Not Impact His Neutrality