North Korea recently sentenced two U.S. journalists, Laura Ling and Euna Lee, to 12 years of hard labor for illegally crossing the North Korean border. By all accounts imprisonment in North Korea, especially in a labor camp, is horrible and potentially life-threatening. The question now is whether their early release can be negotiated. This … Continue reading What are their interests? Negotiating with North Korea
Professor Susan Franck at Washington and Lee has an interesting new paper about investment treaty arbitration that just hit SSRN. The paper disputes assertions of certain governments (like Bolivia and Ecuador) that suggest the investment treaty process is unfairly tilted against the developing world. In addition it makes a case for using ADR and Dispute … Continue reading Development and Outcomes of Investment Treaty Arbitration
I just learned that my University is closing its Ombuds Office, to save resources in these tight times, and instead is spreading out its functions among various related offices (student complaints to Dean of Students Office; employee disputes to Human Resources, etc.). It seems to me that this economically-driven decision clearly undervalues dispute resolution. While those … Continue reading Are Ombuds Offices Expendable?
Read Professor Black’s Securities Law Prof Blog posting here.
From p. 72 of the Treasury Department’s Financial Regulatory Reform blueprint (entitled “A New Foundation: Rebuilding Financial Supervision and Regulation”) released today: The SEC should study the use of mandatory arbitration clauses in investor contracts. Broker-dealers generally require their customers to contract at account opening to arbitrate all disputes. Although arbitration may be a reasonable … Continue reading The Obama Administration’s Plan for Securities Arbitration
In contrast to the election turmoil occurring in Iran, an interesting alternative for settling an election occurred in suburban Phoenix yesterday. The City of Cave Creek recently had an election for their city council and two candidates had a runoff election for the last council seat. They ended up tied with 660 votes each. How did … Continue reading Elections and Dispute Resolution – A Card Game
Today, the United States Supreme Court granted a cert petition in Stolt-Nielsen S.A., et al., v. Animalfeeds International Corp., 548 F.3d 85 (2d Cir. 2008). The Court agreed to decide the question originally presented but ultimately not decided in Green Tree Financial Corp. v. Bazzle, 539 U.S. 444 (2003) — whether imposing class arbitration on parties whose … Continue reading Supreme Court grants cert in another FAA-related case
On Tuesday, NPR’s afternoon news show All Things Considered aired a piece on arbitration. The piece is interesting, but not favorable. It shares several compelling stories – a female Halliburton employee who was raped by co-workers in Iraq and has to arbitrate her claims against the company, the Public Citizen study where consumers lost 94% of the … Continue reading NPR Story on the “Arbitration Debate”
Yesterday, as reported here, President Obama appointed Kenneth Feinberg as the official in charge of determining limits to executive compensation at companies receiving federal bailout money. Mr. Feinberg is no stranger to making compensation determinations involving large sums of money, as he was in charge of determining payouts to families from the September 11 Victim’s … Continue reading Obama’s Executive Compensation “Czar” is ADR Savvy
Over the weekend I read a fascinating account of what life is like for international development workers in Iraq (in an email from a colleague). I learned about the dreary living conditions, severe restrictions due to security, and the need to carry around personal protection gear. But, I was most fascinated by the account of … Continue reading Does email contribute to conflict in Iraq?
