A United States Court of Appeals for the Fifth Circuit panel has issued an interesting ruling in a case involving arbitration. In Stemcor USA, Inc. v. Cia Siderurgica Do Para Cosipar; Daewoo Int’l Corp. v. Thyssenkrupp Mannex Gmbh v. America Metals Trading, LLP, No. 16-30984 (5th Cir., Sept. 1, 2017), two foreign corporate creditors, Daewoo and Thyssenkrupp Mannex GMBH (“TKM”), sought to attach pig iron that was owned by America Metals Trading, LLP (“AMT”). The case began when Daewoo...
In the forty years since new visions and challenges for the administration of American justice were offered at the 1976 Pound Conference, a Quiet Revolution has altered the landscape of public and private dispute resolution around the world. (See Living the Dream of ADR).
Despite these limitations, the Global Pound Conference poll leaves us with a number of general impressions about current dispute resolution practice, and raises several tantalizing prospects for future evolution....
What could be a better subject for a Black Friday weekend post than the Cabbage Patch Kids??! Especially if you are old enough to remember the 1980s… Whether you loved or hated the smushed-face dolls, the point of this post is that the 11th Circuit confirmed an arbitration award in their favor, showing significant deference to the arbitrator. Original Appalachian Artworks, Inc. v. Jakks Pacific, Inc., 2017 WL 5508498 (11th Cir. Nov. 17, 2017).
The dispute was between the company that owns...
Keith N. Hylton (Boston University - School of Law) has posted Deterrence and Aggregate Litigation on SSRN. Here is the abstract:
This paper examines the deterrence properties of aggregate litigation and class actions, with an emphasis on positive value claims. In the multiple victim scenario with positive value claims, in the absence of the class action device, the probability that an individual victim will bring suit falls toward zero with geometric decay as the number of victims increases....
In Goodwin v. Branch Banking & Trust Co, No. 17-1412 (4th Cir. Oct. 31, 2017) (click here for a copy of the decision), the Fourth Circuit issued a brief opinion discussing an inappropriate tactic sometimes used in litigating the enforceability of an arbitration clause.
Suppose a hypothetical arbitration clause with a consumer or employee contains 2 unconscionable, harsh, one-sided terms (e.g., all arbitration must take place in a distant state on the opposite side of the country; and the consumer...
Houston trial firm Caddell & Chapman is seeking a declaratory judgment that a fee dispute with former associate Craig Marchiando should be decided through the Houston Bar Association arbitration process.
In a petition filed Nov. 8 in state district court in Harris County, Caddell & Chapman alleges that it offered Marchiando, who left the firm in 2015 and now lives in Virginia, five percent of the net attorneys fees received from the settlement of litigation filed against Sirius...
The Draft Report of the International Council for Commercial Arbitration and the Queen Mary University of London Task Force on Third-Party Funding in International Arbitration: What You Need to Know
The international arbitration community has been a leader in the adoption and evolution of third-party funding. Continuing that trend, The International Council for Commercial Arbitration (“ICCA”) partnered with Queen Mary University of London (“QMUL”) in 2013 to establish a task force...