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Indian Granted Six More Weeks to Respond to Arbitration Ruling
12/24/2016 12:31:38 PM
Description: India recently was awarded a six week extension to determine how to reply to the $5.6 billion claim against it by British oil explorer Cairn Energy PLC. The dispute comes from an Rs29 047 crore retrospective tax demand.In June, Cairn filed a 160


Ruling from Imposter Arbitrator Overturned
11/23/2016 5:06:31 PM
Description: A federal appeal court recently overturned an arbitration ruling because the arbitrator in the case falsely claimed to be a California attorney.  According to information from the court, the imposter did so in dozens of cases before he was


Bali Slated to Host International Conference on Arbitration
8/11/2016 5:44:08 PM
Description: Bali will be the site of the 2016 conference for the Asia-Pacific Regional Arbitration Group this October. The conference is hosted by the Indonesian National Board of Arbitration and it will be the first time the group conference occurs in


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


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


Morgan Stanley Case to be Settled through Arbitration
3/28/2016 3:45:12 PM
Description: A FINRA arbitration seems to be the future for Morgan Stanley regarding the firm’s Cushing MLP High Income Exchange Traded Note. The claim was filed by the White Law Group and was submitted to FINRA on behalf of investors in North Carolina.


FINRA Intolerant of Firms Skipping Arbitration Clauses
3/18/2016 12:03:32 PM
Description: If a firm fails to pay an arbitration award, FINRA plans to bar the firm from the industry and is in the process of seeking new rules to make the collection of awards easier for investors who can prove they are deserving.   Testimony


Metro Toll Headed to Arbitration against Government
3/18/2016 12:01:29 PM
Description: Metro Pacific Investments Corp. recently stated it will file an arbitration case against the government, assuming the Toll Regulatory Board will choose not to act on its petition to raise the cost of tolls. Metro president and chief executive


Arbitration Ruling Downplayed by NFL Officials
3/10/2016 5:38:23 PM
Description: The recent NFL arbitration ruling was a big topic at the recent Scouting Combine. The ruling resulted in the determination the league was guilty of diverting money from the pot that funds the salary cap into stadium-renovation exception that does


UPS Employee Receives FINRA Award
2/21/2016 6:08:13 PM
Description: A UPS worker represented by the Securities Arbitration law Firm of Klayman & Toskes, PA received a victory recently when it won a $2.25 million award versus Citigroup Global Markets concerning FINRA securities arbitration. The arbitration panel