Tuesday, March 25th, 2008...10:36 am
U S Supreme Court: Arbitration Review Standard
The U. S. Supreme Court this morning decided that parties relying on the Federal Arbitration Act for review of an arbitration award can’t force the court to apply a standard different (here, tougher) than that dictated by the FAA. The Court leaves open the possibility that parties could contract for different review standards under the common law or another statute.
The FAA is not the only way into court for parties wanting review of arbitration awards: they may contemplate enforcement under state stautory or common law, for example, where judicial review of different scope is arguable.
Op. at p. 13.
Hall Street Associates, LLC v. Mattel, Inc.
03/26/08 Update: Workplace Professor has a post on the FAA and subject-matter jurisdiction.
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