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First Citizens Advisor Receives Large Award in Arbitration Ruling
6/29/2016 12:06:56 PM
Description: One of First Citizens Bank’s former senior financial advisors will receive nearly a million dollars in damages, after claiming she was unjustly terminated based on fabricates charges. Elizabeth Stancil was awarded $985,000 in compensatory


Lawsuit against Fiserv Will Move Forward
2/6/2016 12:04:24 PM
Description: A filing has been rejected in federal court that was filed by a financial services firm to dismiss a pending discrimination suit pending against it. The firm wanted the court to compel arbitration. The rejection occurs in the US District Court for


Consumers Lose in Dispute over Credit Card Arbitration Clauses
12/5/2015 12:39:34 PM
Description: Consumers recently lost begin when a federal appeals court rejected claims that credit card issues colluded to require disputes between lends and consumers be settled through arbitration rather than class action suits. The ruling comes as mandatory


Bahamas to be Established as Arbitration Center
10/6/2015 2:22:57 PM
Description:   The Bahamas is in the process of becoming a center for arbitration, hoping to tap into the lucrative market in the country.  The goal is to make The Bahamas the top arbitration center in the region, but first the country needs to


Brokerage Companies Avoiding FINRA for Other Dispute Resolution Options
9/3/2015 3:56:55 PM
Description: FINRA arbitration is in place to help brokerage firms resolve issues related to employment disputes and other activity, but some firms have successfully avoided FINRA hearings in recent months. This is despite FINRA rules to the


Argentina Describes Ruling in Favor of Suez as “Defeat” for French Company
4/19/2015 11:31:43 AM
Description: Despite seeing an international arbitration board award French utility Suez $405 million in damages, Argentina is describing the ruling as a defeat for Suez and a victory for themselves. However, despite this rhetoric, Argentina also announced


Arbitration Ruling Against Morgan Stanley Upheld by Court
9/17/2014 10:03:14 PM
Description: Financial services giant Morgan Stanley’s attempt to have an $8 million arbitration ruling overturned ended in failure as a federal judge confirmed the ruling, rejecting Morgan Stanley’s claim that the arbitrator had disregarded the law


New Jersey Supreme Court Limits Rights to Compulsory Arbitration
8/22/2013 3:33:24 PM
Description: In a decision from August 7th, 2013, the New Jersey Supreme Court officially limited the right to compel arbitration between signatories and non-signatories, and this overturned the earlier decisions coming from trial and appellate courts.  The


Arbitration Options Increase Opportunities for NY Municipalities
7/27/2013 3:45:06 PM
Description: In the wake of news from Detroit and other cities around the country struggling with their fiscal situations, elected officials have begun exploring options to provide relief.  New York has taken a leading role with the establishment of the


Arbitration Reform Making Headway In New York
6/26/2013 5:30:25 PM
Description:        As arbitration has become an increasingly popular option for resolving disputes, reform has made its way to headlines as a way to improve a process with great success.  Tweaks to existing arbitration has the