The case involved an award in excess of $800,000 against a home designer and some affiliated companies for a renovation project that went bad.
A $100 million arbitration award against NutraSweet was reinstated by a New York state appellate court due to the "emphatic federal policy in favor of arbitral dispute resolution embodied in the FAA,
Citing the recent United States Supreme Court decision in Epic Systems Corp. v. Lewis, a panel of the Ninth Circuit Court of Appeals rejected the argument that an arbitration agreement was invalid ...
The court held that a
party may not invoke the authority of section 7 by issuing a
subpoena "in the name of" the arbitrators; rather, the
arbitrators themselves must issue the subpoena.
A New York intermediate appellate court has ruled that a $140 million "disgorgement" payment ordered by the SEC in resolution of an investigation into securities laws violations was a "penalty"...
With
Thaddeus Ewald,
Nancy G. Linnan,
Kenneth A. Tinkler
While most people focus on the election returns posted on election night, in reality votes continue to be counted days after the election.
Ameriprise sought vacatur of the award under grounds set forth in the FAA, namely fraud, evident partiality, arbitrator misconduct, and exceeding of powers.
A putative class action against Uber filed by some of the company's California-based drivers has crashed.
With
Rob DiUbaldo,
Barry Leigh Weissman,
Beth Vecchioli
Insurers may not assess interest, penalties, or other charges as a result of the extension.
Capitol Life Insurance Co. moved the Court of Appeals for the Fifth District of Texas for rehearing of the court's prior affirmance of summary judgment against Capitol in favor of MetLife Insurance Company USA...
Capitol Life Insurance Co. moved the Court of Appeals for the Fifth District of Texas for rehearing of the court's prior affirmance of summary judgment against Capitol in favor of MetLife Insurance Company USA, ...
The "Consumer Information Notification Requirement Act" (H.R. 6743) was passed out of the House of Representatives Committee on Financial Services one week after being introduced and is now headed to the floor for consideration by the full chamber.
Effective July 24, 2018, New Mexico adopted the NAIC Credit for Reinsurance Model Regulation. New Mexico adopted the Model Rule as "part of a broad effort to modernize reinsurance regulation ...
Instead, the trial court entered a default judgment against Acosta, based on its admission that it had refused to pay the costs of the arbitration and the lack of evidence establishing its inability to do so.
On July 31, 2018, President Trump signed the National Flood Insurance Program Extension Act of 2018.
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