FOI Jean Sternlight (UNLV) provides us with this guest post on the President’s recent actions on employment arbitration.
President Obama today signed a new Fair Pay and Safe Workplaces Executive Order refusing to grant government contracts of over a million dollars to companies who mandate their employees arbitrate disputes involving discrimination, accusations of sexual assault, or harassment. This new order mirrors protections Congress already provided to employees of Defense Department contractors...
Three recent high-profile arbitral awards highlight the risks of arbitration and demonstrate that, contrary to widespread belief, arbitration is often not cheaper, faster or more predictable than litigation. These three awards, as well as emerging trends in arbitral proceedings, call into question the common practice among corporations of including contractual provisions mandating arbitration in the event of any disputes.
In May of this year, in arbitration proceedings that have been pending for nearly...
On July 25, 2014, the London Court of International Arbitration (“LCIA”) released a revised set of its Arbitration Rules. The new Rules will apply to any LCIA arbitration commenced on or after October 1, 2014, unless the parties agree otherwise. The new Rules preserve all of the notable features of LCIA arbitration. At the same time, several significant changes have been made, including with respect to (1) the form of and law governing the arbitration agreement, (2) the conduct of the proceedings,...
The $50 billion ruling against Russia is certainly the largest in arbitration history. And it may stand as the largest litigation victory ever.
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Read more: http://www.corpcounsel.com/id=1202664849366/Yukos-Scores-3650-Billion-Arbitration-Victory#ixzz38nAquZLl
A court in the Netherlands has ordered Russia to pay more than $50 billion in damages to the former shareholders of the now defunct Yukos...
In June the California Supreme Court issued its much-anticipated decision in Iskanian v. CLS Transportation of Los Angeles. In its already controversial opinion, the court held that its prior decision in Gentry v. Superior Court, which had held that a class-action waiver would not be enforced if it undermined the vindication of employees’ statutory rights, could not survive the U.S. Supreme Court’s decision in AT&T Mobility v. Concepcion. The court further held that the Federal Arbitration Act (FAA)...
For the first time, a federal circuit court has examined whether an agreement’s arbitration clause still applies after the agreement expires where the agreement’s survival clause does not specifically list the arbitration provision. The court found that the arbitration clause survived because the parties did not clearly imply that it was to expire with the agreement. Huffman v. Hilltop Cos., LLC.
Strong Presumption Favoring Arbitration
The plaintiffs worked for The Hilltop Companies reviewing...
Just as SCOTUS held its nose and confirmed an arbitration award it thought stunk in Sutter, the Supreme Court of Alabama has confirmed an arbitration award made after only the claimant presented evidence and grounded in a possible misunderstanding of Alabama law. Tucker v. Ernst & Young, __ So.3d__, 2014 WL 2619860 (Ala. June 13, 2014).
In Tucker, shareholders of HealthSouth Corporation (in the name of the company) asserted claims against HealthSouth’s accountants, Ernst & Young, alleging that...