Similarities Between Arbitration and Bankruptcy Litigation
By Stephen J. Ware, February 8, 2012
This post has been viewed 1,895 times.
This article highlights the differences between the Federal Rules of Civil Procedure (FRCP) and the rules used in bankruptcy and arbitration proceedings. It concludes that the differences are the driving factor behind the lower expense and expediency of bankruptcy and arbitration. The article does not recommend amending the FRCP to more closely mirror the bankruptcy and arbitration rules, but questions why parties would choose bankruptcy arbitration over standard bankruptcy procedures.
