An Ontario, Canada, court ordered defendant to pay C$60,000 in costs for “sham” mediation after a C$248,000 verdict was rendered against it. Defendant’s counsel had agreed to briefly mediate but wrote that defendant was “not interested in settling” and then stood firm on its modest offer in the mediation. The court did not rely on any other details from or about the mediation, but noted in imposing costs that a C$50,000 gap between the offer and demand required a six-day trial.
Ross...
On January 10, 2014, Judge Kathleen Williams of the U.S. District Court for the Southern District of Florida, the federal court based in Miami, issued an opinion which further solidifies the role of role of arbitration in international disputes, even when parallel litigation is pending in other jurisdictions.
In December 2010, several entities affiliated with JSC Acron, a Moscow-based agrichemicals company, filed suit in Saskatchewan, Canada, to recover for certain breaches of fiduciary duty relating...
The Fifth Circuit's decision in Pride Transportation v. Continental Casualty Co. clarifies the application of the Stowers doctrine to multiple defendant/multiple insured scenarios.
The Harder you fight to hold on to specific assumptions,
the more likely there is gold in letting go of them.
John Seely Brown, Former Chief Scientist of Xerox Corporation
Most of us assume that mediation is about dispute resolution. We are so locked into the idea that mediators help parties resolve their conflicts that we cannot see the real prize – which is to help parties make better deals!
We are so entrenched in this conviction that, when you train to become a mediator,...
NASDAQ and the NYSE Euronext, the nation's two largest stock exchanges, filed an amicus brief today with the U.S. Supreme Court in support of the Delaware Court of Chancery's confidential arbitration program. The stock exchanges are the first companies to support the Chancery Court's program through amicus briefs.
The Commercial Division Advisory Council has proposed that the court adopt a pilot program for New York County’s Commercial Division that would send every fifth newly assigned case to mediation unless the parties stipulate otherwise or one party makes a good cause showing that mediation would be ineffective or unjust. A copy of the proposal is available here.
The pilot program is described as “fairly conservative” and flexible in the December 11, 2013 proposal. The program is purportedly...
If it didn’t happen in writing . . . it didn’t happen. That’s what the California Court of Appeal recently told plaintiffs seeking to avoid foreclosure. According to Lisa Yun and Alejandro Moreno onSheppard Mullin’s Financial Institutions Blog, the top California court ruled that an oral promise to modify a loan was not valid.
The primary interest of amici is the orderly and consistent review of arbitral awards by courts in the United States when a party seeks vacatur under Section 10 of the FAA. Amici believe that the decision of the United States Court of Appeals for the Fourth Circuit in Dewan v. Walia, - F. App'x - , 2013 WL 5781207 (4th Cir. Oct. 28, 2013), applying the manifest disregard doctrine as an independent basis for vacatur and relying on an expansive view of that doctrine to vacate the arbitral award...