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Morgan Stanley to Pay Millions in Arbitration Ruling
6/29/2016 12:06:15 PM
Description: Investment firm Morgan Stanley has been ordered to pay more than $8.6 million to a retiree for losses experienced after alleged unauthorized trading and investments that were deemed unsuitable. This ruling came from an arbitration panel that cited a


s It Legal for Chicago to Ban Mandatory Arbitration Clauses?
1/7/2016 4:06:16 PM
Description: A recent ordinance proposed recently in Chicago could end area companies’ right to require mandatory arbitration for resolving consumer disputes. The ordinance would apply to businesses within Chicago and beyond, including those that are


Illinois Union Arbitration Bill Met with Resistance by Lawmakers
9/15/2015 11:29:49 AM
Description: An Illinois lawmaker is trying to gather 71 votes to thwart Governor Rauner. Chicago Democrat Greg Harris sponsored the measure. He and other supporters of the union arbitration bill claim that changing the Determination of Need score standards


Arbitration Likely to Go Against Los Angeles Angels in Hamilton Case
4/24/2015 7:33:40 AM
Description: Experiencing serious buyer’s remorse with their five-year, $123 million contract with star outfielder (and struggling substance abuser) Josh Hamilton, the Los Angeles Angels major league baseball team are attempting to rid themselves of the


Tribal Arbitration Found “Unconscionable” by Seventh Circuit Court
9/6/2014 3:03:00 PM
Description:   Plaintiffs in a lawsuit against the Cheyenne River Sioux Tribal Nation have won a victory in their efforts to bring a lawsuit against the Indian Nation when a judge agreed that the arbitration clause imposed by the tribe is unreasonable and


Arbitration Hearings in Financial Industry Down from 2008 Highs – With Exception of Annuities
1/15/2014 2:11:15 PM
Description:   During the 2008 financial crisis and immediately afterward there was a huge uptick in the number of arbitration requests being filed by financial customers against brokers and financial houses.  In recent months, the number of such


Class Action Waiver in Arbitration Agreement Upheld by Eighth Circuit Court
2/5/2013 2:26:27 PM
Description: In AT&T Mobility LLC v. Concepcion (2011), the U.S. Supreme Court enforced a class action waiver in a consumer arbitration agreement that was considered by many to be a beneficial ruling for many employers.  However, immediately following


The Detroit Tigers to Break Decade-Long Arbitration Hiatus This Year
1/14/2013 12:01:35 PM
Description:   The Detroit Tigers will be entering salary arbitration this month with seven of their most prominent players, which is a record number for them.  According to the team’s Vice President, John Weshoff, “We're looking at the


Claimants Awarded Retroactive Pay in Contract Arbitration with Hamden CT
5/7/2012 10:26:08 AM
Description: The city of Hamden Connecticut has been ordered in contract arbitration to pay retired recreation, parks and public works employees retroactive pension and benefits. This order was made after a long-fought breach of contract claim by these former


Legal Arbitration Decides Ryan Braun not Suspended for Doping
2/29/2012 9:30:08 AM
Description: The 2011 National Baseball League MVP and Milwaukee Brewers outfielder, Ryan Braun will continue to play ball, according to a legal arbitration decision. The case and the decision alike has caused quite a stir among professionals and fans alike. The