Category Archives: Arbitration

Supreme Court Lets Stand Decision Holding Class Action Ban Unconscionable

From the Daily Labor Report: “The U.S. Supreme Court lets stand the California Court of Appeal’s decision that an arbitration agreement between a trash company and a driver that waives class claims and prohibits the employee from seeking civil penalties on behalf of other workers is unconscionable and so tainted with illegality that it is … Continue reading Supreme Court Lets Stand Decision Holding Class Action Ban Unconscionable

Update: Investor Protection Act and Securities Arbitration

On November 5, I blogged (here) about the House Financial Services Committee’s Investor Protection Act and its provision empowering the SEC to enact regulations banning mandatory arbitration in customer-broker account agreements.  In that post, I wrote: “I don’t quite understand the significance of this provision, as I understood that the SEC already has the authority under the … Continue reading Update: Investor Protection Act and Securities Arbitration

ABA Discussion of Impact of Pyett on Union-Management Relations

Lawrence E. Dubé of BNA’s Labor Relations Week reported on a post-Pyett discussion at a recent ABA meeting: “The U.S. Supreme Court ruled earlier this year that a collective bargaining agreement “clearly and unmistakably” requiring employees to arbitrate claims under the Age Discrimination in Employment Act is enforceable, but employers and unions still are uncertain … Continue reading ABA Discussion of Impact of Pyett on Union-Management Relations

Investor Protection Act and Securities Arbitration

Yesterday the House Financial Services Committee voted to recommend that the full House vote on the Investor Protection Act of 2009, H.R. 3817.  While the focus of the bill is to protect investors through enhanced regulations in the securities industry, one provision threatens to eliminate the mandatory arbitration of customer-broker disputes.   Section 201 of the bill … Continue reading Investor Protection Act and Securities Arbitration

A Report from PIABA’s Annual Meeting

I just returned from the Public Investors Arbitration Bar Association Annual Meeting in Carlsbad, CA, which featured four days of lively and informative panels and breakout sessions for securities arbitration practitioners.   At the opening plenary session, representatives from PIABA, FINRA and NASAA (North American Securities Administrators Association) debated the relative merits of the only securities arbitration forum … Continue reading A Report from PIABA’s Annual Meeting

Hall Street, Judicial Review of Arbitral Awards, and Federal Preemption

Another take on the implications of Hall Street. This article discusses the fate of the manifest disregard standard and considers whether parties may have avenues other than the FAA for obtaining review of their arbitration awards: “Hall Street, Judicial Review of Arbitral Awards, and Federal Preemption” NICHOLAS R. WEISKOPF, St. John’s University – School of … Continue reading Hall Street, Judicial Review of Arbitral Awards, and Federal Preemption

Resolving the circuit split over manifest disregard

Two recent articles have been published regarding the evolving circuit split as to whether the “manifest disregard of the law” standard of review of arbitration awards survives the Supreme Court’s 2008 decision in Hall Street.  Each article offers a different framework in which to analyze Hall Street and its impact on the manifest disregard standard of vacatur, … Continue reading Resolving the circuit split over manifest disregard