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FBI Launches Investigation into Oil Investments of Former Primera Energy CEO
8/21/2015 2:57:54 PM
Description: The Federal Bureau of Investigation recently opened a criminal investigation into Brian Alfaro, an oil and gas businessman in San Antonio, Texas. The investigation began in response to a civil lawsuit accusing Alfaro of defrauding 30 oil well


Interactive Brokers Group Lose Arbitration Ruling
5/13/2015 2:56:34 PM
Description: Interactive Brokers Group (IBG), an online trading firm, has lost its arbitration over investment decisions made by a trustee in control over an estate fund. The firm has been ordered to pay the beneficiaries of the estate $1.2 by the Financial


Arbitration Blocked by Federal Judge in Haitian Radio Dispute
1/17/2015 12:22:38 PM
Description: An agreement between telecommunications company Teleco and mobile phone company Haitel that required Teleco to accept payments in shares instead of cash and to resolve all disputes in binding arbitration in Bermuda cannot be enforced, according to a


New Jersey Governor Pushes for New Arbitration Award Cap
4/12/2014 2:37:39 PM
Description:   Chris Christie, Governor of the State of New Jersey in the United States, is seeking a firm 2% limit on the pay raises that arbitration panels can award to firefighters and police in that state.  A 2% limit had been in place, but the


FINRA Imposes Arbitration Freeze in Puerto Rico
3/21/2014 11:27:51 PM
Description:   The Financial Industry Regulatory Authority (FINRA) has declared a temporary freeze on all arbitration proceedings in Puerto Rico due to the unprecedented and increasing volume of claims swamping FINRA’s Dispute Resolution unit. 


Arbitration Saves Some GM Dealerships from Shutdown
1/28/2014 11:34:39 AM
Description:   The General Motors Corporation (GM) has announced that after Federally-mandated arbitration proceedings, it will be notifying some of its dealerships that had been marked for termination that they will be allowed to continue doing business


U.K. Retirees of Nortel Networks Lose Their Bid for Arbitration of Bankruptcy Funds
3/11/2013 6:12:13 PM
Description:   U.K. retirees of Nortel Networks Corp. will not see the benefit of arbitration in their dispute against the telecommunications giant that has now declared bankruptcy and closed its operations across several continents.  There is $7


Contract Arbitration Between USPS & Rural Letter Carriers
7/10/2012 9:16:41 AM
Description: The United States Postal Service and the National Rural Letter Carriers Association recently looked to contract arbitration to settle their disputes. A 3-person panel, led by arbitrator Jack Clarke, was chosen to handle the situation after the two


Do Legal Arbitration Clauses Hold Up in Bankruptcy Court?
5/23/2012 7:05:23 PM
Description: On major question that businesses and individuals have when filing bankruptcy is if legal arbitration clauses still apply in bankruptcy court. While by and large, bankruptcy judges will drop all references to arbitration when seeing a bankruptcy


Securities Arbitration Orders Morgan Keegan to Repurchase $1.95m
2/24/2012 10:32:37 AM
Description: A securities arbitration panel ordered Morgan Keenan & Co. to repurchase $1.95 million worth of auction rate securities from William Featheringill, an investor from Birmingham, Alabama. The panel denied Featheringill's claim of $5.9 million in